Sear Steven M 4

What Happened
Steven M. Sear, Executive Vice President — Global Sales & Distribution at Delta Air Lines (DAL), sold 38,600 shares in open-market transactions on February 9, 2026. The reported weighted-average price was $75.05 per share, for total proceeds of $2,896,969. The sale was executed through a broker-dealer in multiple trades.

Key Details

• Transaction date: 2026-02-09; Form filed: 2026-02-10 (timely filing).
• Reported weighted-average price: $75.05; per-share trade prices ranged from $75.020 to $75.125 (see footnote).
• Shares disposed: 38,600; proceeds ≈ $2,896,969.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The price is a weighted average of multiple sales; the reporting person will provide a breakdown of shares sold at each price to the SEC, Delta, or a Delta security holder upon request.
• No indication in the provided data of a 10b5-1 plan, tax-withholding sale, gift, or option exercise.

Context
This was a sale (a liquidity event), which is common for executives and does not by itself indicate positive or negative views on the company. Purchases tend to be more informative about an insider’s confidence. If you want the per-trade breakdown or the insider’s remaining holdings, you can request the details from the SEC filing or Delta’s investor relations.