Form 4: Delta Air Lines Executive Glen W. Hauenstein Sells $100,000 in Company Stock

Delta Air Lines President Glen W. Hauenstein sold 100,000 shares of common stock at an average price of $49.046 per share on April 22, 2024.

Summary

• On April 22, 2024, Glen W. Hauenstein, President of Delta Air Lines, sold 100,000 shares of Delta Air Lines common stock.
• The sale was executed at a weighted average price of $49.046 per share.
• The prices for individual transactions ranged from $49.030 to $49.090 per share.
• Following the transaction, Hauenstein directly owns 217,584 shares of Delta Air Lines common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a standard transaction (stock sale) by an executive. The sale itself doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. It's important to consider the context of the sale, such as the executive's overall holdings and any company-specific factors.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how it's perceived by the market.

Key Dates