Bastian Edward H 4
Research Summary
AI-generated summary
Delta Air Lines (DAL) CEO Ed Bastian Sells 100,000 Shares
What Happened Ed Bastian (Edward H. Bastian), CEO of Delta Air Lines (DAL), sold 100,000 shares in an open-market transaction on February 26, 2026. The shares were sold at a weighted-average price of $70.26 per share (range $70.250–$70.320), generating gross proceeds of approximately $7,025,700. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-02-27 (timely filing).
- Transaction type: Open-market sale (code S).
- Shares sold: 100,000; Weighted-average price: $70.26; Price range reported: $70.250–$70.320.
- Proceeds: ~ $7,025,700.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The reported price is a weighted average; the filer can provide a breakdown of shares sold at each price upon SEC or shareholder request.
- No 10b5-1 plan, tax-withholding, or other special conditions were noted in the summary provided.
Context Insider sales like this are common for liquidity, diversification, or tax reasons and do not by themselves indicate company performance. Retail investors should consider this alongside other insider activity, company fundamentals, and market conditions.