Form 4: Delta Air Lines CEO Sells Shares
Insider Transaction (Form 4)
Edward H Bastian, Chief Executive Officer and a Director of Delta Air Lines, Inc., sold 206,510 shares of common stock on August 4, 2026 for $92.80 per share.
Summary
- Option exercise/conversion: acquired 206,510 Common Stock at $49.33 ($10,187,138) on August 4, 2026; holds 1,569,958 after (Direct).
- Open-market sale: disposed of 206,510 Common Stock at $92.80 ($19,163,302) on August 4, 2026; holds 1,363,448 after (Direct).
- Option exercise/conversion: disposed of 206,510 Employee Stock Option (right to buy) on August 4, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $19,163,302 of stock on the open market.
Insider Transactions
Edward H Bastian — Director, Officer (Chief Executive Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-04 | Option exercise/conversion | Common Stock | 206,510 | $49 | $10.2M | 1,569,958 |
| 2026-08-04 | Open-market sale | Common Stock | 206,510 | $93 | $19.2M | 1,363,448 |
| 2026-08-04 | Option exercise/conversion | Employee Stock Option (right to buy) | 206,510 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-04 | Option exercise/conversion (206,510 shares) |
| 2026-08-04 | Open-market sale (206,510 shares) |
| 2026-08-04 | Option exercise/conversion (206,510 shares) |
Keywords
insider transaction, Form 4, DAL, DELTA AIR LINES, INC., bearish, Edward H Bastian
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.