PRABHU VASANT M 4
4 · DELTA AIR LINES, INC. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Delta (DAL) Director Prabhu Vasant Receives Restricted Stock Award
What Happened
Prabhu Vasant, a member of Delta Air Lines' Board of Directors, was granted 2,380 restricted shares on June 18, 2026 as his annual non-employee director award (transaction code A). The filing lists no per-share price (award), and the grant is described in the filing as the director’s annual restricted stock award valued at $200,000.
Key Details
- Transaction date: June 18, 2026; Form 4 filed June 22, 2026 (filed four days after the transaction; Form 4s are normally required within 2 business days).
- Shares granted: 2,380 restricted shares; price: N/A (award).
- Reported value per company note: the annual award is valued at $200,000.
- Shares owned after the transaction: not specified in the filing.
- Footnote: Award approved by the Board on June 18, 2026 and acquired in a transaction exempt under Rule 16b-3(d)(1) (standard exemption for certain director awards).
Context
This was a routine, non-cash director compensation award (restricted stock) rather than an open-market buy or sell. Such awards are common for non-employee directors and do not, by themselves, indicate the director is buying or selling shares for investment purposes.
Insider Transaction Report
Form 4
PRABHU VASANT M
Director
Transactions
- Award
Common Stock
[F1]2026-06-18+2,380→ 15,100 total
Footnotes (1)
- [F1]Non-employee members of Delta's Board of Directors receive an annual restricted stock award valued at $200,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2026. The shares were acquired in a transaction exempt under Rule 16b-3(d)(1).
Signature
/s/ Alan T. Rosselot as attorney-in-fact for Vasant M. Prabhu|2026-06-22