Form 4: Delta Air Lines Executive Sells Shares
Insider Transaction (Form 4)
Steven M Sear, EVP - Global Sales & Distrib of Delta Air Lines, Inc., sold 40,460 shares of common stock on August 5, 2026 for $93.55 per share.
Summary
- Option exercise/conversion: acquired 40,460 Common Stock at $51.23 ($2,072,766) on August 5, 2026; holds 144,864 after (Direct).
- Open-market sale: disposed of 40,460 Common Stock at $93.55 ($3,785,154) on August 5, 2026; holds 104,404 after (Direct).
- Option exercise/conversion: disposed of 40,460 Employee Stock Option (right to buy) on August 5, 2026 (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $3,785,154 of stock on the open market.
Insider Transactions
Steven M Sear — Officer (EVP - Global Sales & Distrib)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-05 | Option exercise/conversion | Common Stock | 40,460 | $51 | $2.1M | 144,864 |
| 2026-08-05 | Open-market sale | Common Stock | 40,460 | $94 | $3.8M | 104,404 |
| 2026-08-05 | Option exercise/conversion | Employee Stock Option (right to buy) | 40,460 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-05 | Option exercise/conversion (40,460 shares) |
| 2026-08-05 | Open-market sale (40,460 shares) |
| 2026-08-05 | Option exercise/conversion (40,460 shares) |
Keywords
insider transaction, Form 4, DAL, DELTA AIR LINES, INC., bearish, Steven M Sear
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