BELLEMARE ALAIN 4

What Happened
Alain Bellemare, Executive Vice President and President – International of Delta Air Lines, sold 20,621 shares in an open-market transaction on May 7, 2026. The reported weighted-average price was $72.75 per share, for total proceeds of approximately $1,500,198. This was a sale (insider disposition), which is typically routine and does not by itself indicate a change in company outlook.

Key Details

• Transaction type: Sale (open market) by an officer (code S).
• Date: 2026-05-07; Form 4 filed 2026-05-08 (next day), which appears timely.
• Price: weighted average $72.75; actual trade prices ranged $72.740–$72.780 per share (sold in multiple transactions).
• Shares sold: 20,621; reported proceeds ≈ $1,500,198.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: Reporting person can provide a breakdown of the number of shares sold at each separate price to the SEC, the company, or a security holder upon request. No 10b5‑1 plan, tax withholding, or option exercise was indicated in this filing.

Context
Sales by executives can be for many non-informational reasons (diversification, taxes, liquidity). Purchases generally carry more weight as signals of increased insider confidence, while single sales like this should be interpreted cautiously and in the context of other insider activity and company fundamentals.