Janki Daniel C. 4
Research Summary
AI-generated summary
Delta (DAL) COO Daniel C. Janki Receives 5,550 Restricted Shares
What Happened Daniel C. Janki, Chief Operating Officer of Delta Air Lines (DAL), was granted 5,550 shares of restricted common stock on April 1, 2026 under Delta's 2026 long-term incentive program. The award is listed as an acquisition (grant) with no per-share price or total value reported (N/A). These shares are restricted and will vest according to the terms of the award agreement—this is a compensation grant, not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-01 (grant of restricted stock)
- Filing date: 2026-04-03 (appears to be filed two days after the grant)
- Shares granted: 5,550 restricted common shares
- Price / value: Not stated (N/A) in the filing
- Shares owned after transaction: Not specified in the provided filing summary
- Footnote: Grant approved by the Personnel & Compensation Committee and exempt from Section 16(b) short-swing liability under Rule 16b-3(d)(1)
Context Restricted stock awards are a common form of executive compensation and are typically subject to vesting conditions (time- or performance-based); they do not necessarily indicate the insider's short-term market view. The Rule 16b-3(d)(1) exemption noted means this committee-approved compensatory award is treated differently than market trades for short-swing profit purposes.