Duggirala Amala 4
Research Summary
AI-generated summary
Delta (DAL) Chief Digital & Tech Officer Amala Duggirala Receives Award
What Happened
Amala Duggirala, Delta Air Lines' Chief Digital & Tech Officer, was awarded 14,080 restricted shares on January 12, 2026. The grant has no purchase price listed (award = N/A) and no immediate cash value disclosed in the Form 4. This is a stock award (code A), not an open-market buy or sale.
Key Details
- Transaction date: January 12, 2026; Form 4 filed February 13, 2026 (reported late per footnote).
- Shares granted: 14,080 restricted common shares; acquisition price: N/A; total value: N/A (not reported).
- Vesting: Restrictions lapse in three equal installments on Jan 12, 2027, 2028 and 2029.
- Filing timeliness: Reported late due to an inadvertent administrative error (footnote F1).
- Legal/technical note: Grant exempt from Section 16(b) under Rule 16b-3(d)(1) (per footnote F2).
- Shares owned after the transaction: Not specified in the disclosed excerpt.
Context
This was a restricted stock award—a compensation grant subject to future vesting—rather than a market purchase or sale; such awards are common for senior executives and do not by themselves indicate an immediate trading view. The late filing is noted but described as inadvertent; late reporting can limit the timeliness of public information but does not change the substance of the award.