BELLEMARE ALAIN 4

What Happened Alain Bellemare, EVP & President—International of Delta Air Lines (DAL), sold 25,000 shares on May 27, 2026. The Form 4 reports the shares were disposed at $81.44 each, for a total transaction value of approximately $2,036,000. The filing lists the transaction type as an open-market or private sale (code S). Sales are often routine liquidity events and do not necessarily reflect the insider's view on the company.

Key Details

• Transaction date: 2026-05-27; Price: $81.44 per share; Total value: ~$2,036,000.
• Transaction type/code: Sale (S) — listed as "open market or private sale."
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes/plan: No 10b5-1 plan or tax-withholding note is indicated in the provided data.
• Filing timing: Report filed 2026-05-28 (next day), which is timely based on the Form 4 filing date.

Context This was a straight sale of shares (not an option exercise, award, or gift). For retail investors, single insider sales can be for many reasons (diversification, personal liquidity, tax planning) and should be weighed alongside other insider transactions and company fundamentals.