Hale Leslie D. 4
4 · DELTA AIR LINES, INC. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Delta (DAL) Director Leslie D. Hale Receives 2,380-Share Award
What Happened
Leslie D. Hale, a non-employee member of Delta Air Lines' Board of Directors, was granted 2,380 restricted shares as the board’s annual equity award on June 18, 2026. The filing lists no per-share trade price (N/A) but the award is described as having a total value of $200,000. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18 (reported on Form 4 filed 2026-06-22; filed within the normal 2-business-day window).
- Shares granted: 2,380 restricted shares. Price per share: N/A; award value stated at $200,000 (implied ~ $84/share).
- Shares owned after transaction: not disclosed on the provided Form 4.
- Footnote: Grant is the board-approved annual restricted stock award and was acquired in a transaction exempt under Rule 16b-3(d)(1) (typical exemption for director awards).
- Transaction type: A = Award/Grant (not a market trade).
Context
Restricted stock awards to directors are common compensation and are generally exempt from short-swing profit rules under Rule 16b-3 when granted per board approval. Such grants are routine and do not by themselves indicate the director is buying or selling based on company outlook; vesting or other terms are not specified in the filing.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-18+2,380→ 21,530 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).