4Filed Aug 4, 8:00 PM ET
Delta Air Lines (DAL) Director David G. Dewalt Sells 31,756 Shares
$DAL · DELTA AIR LINES, INC.Research Summary
AI-generated summary of this SEC filing
Delta Air Lines (DAL) Director David G. Dewalt Sells 31,756 Shares
What Happened
- David G. Dewalt, a director of Delta Air Lines (DAL), reported an open-market sale of 31,756 shares on August 3, 2026. The weighted average sale price was $90.85 per share, generating proceeds of approximately $2,884,969. The shares were sold in multiple trades at prices ranging from $90.73 to $91.235.
Key Details
- Transaction date: 2026-08-03 (filed on 2026-08-05; appears timely under the 2-business-day Form 4 rule).
- Type: Sale (S) — open market trades executed through a broker-dealer.
- Shares sold: 31,756; weighted avg price: $90.85; price range: $90.73–$91.235.
- Reported proceeds: ~$2,884,969.
- Shares owned after transaction: not specified in the excerpt of this filing.
- Footnotes: (F1) price is a weighted average across multiple trades; detailed per-trade prices can be provided to the SEC or shareholders on request. (F2) the filing also reflects a separate transfer of 31,756 shares pursuant to a domestic relations order; the reporting person no longer has a reportable beneficial interest in the transferred shares.
Context
- This is a sale, which is a routine insider transaction and does not by itself indicate company performance or director sentiment. The separate domestic relations order noted in the filing indicates a non-market transfer (often related to divorce or family settlement) and should not be interpreted as a trading signal.