Edward H. Bastian, Chief Executive Officer and Director of Delta Air Lines, Inc., filed a Form 144 notice of proposed sale of securities on October 29, 2026, covering 50,000 shares of Delta common stock with an aggregate market value of $4,100,000.00.

Key Highlights

  • Proposed sale: Bastian intends to sell 50,000 shares of Delta Air Lines common stock, with an aggregate market value of $4,100,000.00.
  • Broker: The sale is to be executed through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917.
  • Approximate sale date: The filing lists October 29, 2026 as the approximate date of sale on NYSE.
  • Shares outstanding: According to the filing, 657,912,380 shares of Delta common stock were outstanding at the time of the notice.
  • Source of shares: The shares to be sold were acquired through restricted stock vesting from the issuer: 46,012 shares on February 9, 2022, and 3,988 shares on February 1, 2023, both classified as compensation.
  • Prior sales: The filing discloses that Bastian sold 206,510 shares of Delta common stock on August 4, 2026, with gross proceeds of $19,163,363.91.

Details of Bastian's Proposed Rule 144 Sale of Delta Air Lines Common Stock

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Edward H. Bastian, who is identified in the filing as both an Officer and Director of Delta Air Lines, Inc. (NYSE:DAL), proposed to sell 50,000 shares of the company's common stock. The aggregate market value of the shares to be sold is listed as $4,100,000.00. The filing was submitted on October 29, 2026, with the same date noted as the approximate date of sale.

The filing identifies the shares as originating from two restricted stock vesting events. The first, dated February 9, 2022, resulted in 46,012 shares acquired from the issuer as compensation. The second, dated February 1, 2023, added 3,988 shares, also acquired from the issuer as compensation. Both transactions are described as restricted stock vesting and are classified as non-gift acquisitions. The combined total of these two vesting events equals the 50,000 shares proposed for sale.

The filing also discloses sales by Bastian during the preceding three months. Specifically, 206,510 shares of Delta common stock were sold on August 4, 2026, generating gross proceeds of $19,163,363.91. The filing was signed by Jennifer Ruchti, described as "a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Edward H. Bastian." The notice includes the standard representation that the person filing does not know of any material adverse information regarding the issuer's current and prospective operations that has not been publicly disclosed.

What Was Disclosed

Delta Air Lines CEO and Director Edward H. Bastian filed a Form 144 notice dated October 29, 2026, proposing to sell 50,000 shares of Delta common stock valued at $4,100,000.00, sourced from restricted stock vesting events in February 2022 and February 2023.