Delta Air Lines CEO Edward Bastian Files Form 144 for $4.1M Share Sale

Delta Air Lines, Inc. (NYSE: DAL) – Form 144 Overview

Summary

On October 29, 2026, Edward H. Bastian, Chief Executive Officer and Director of Delta Air Lines, Inc., filed a Form 144 notice of proposed sale covering 50,000 shares of Common Stock with an estimated aggregate market value of $4,100,000.00, representing an implied price of approximately $82.00 per share.

Shares to be Sold

The 50,000 shares to be liquidated were originally acquired directly from the issuer via restricted stock vesting as part of equity compensation:

• 46,012 shares acquired on February 9, 2022.
• 3,988 shares acquired on February 1, 2023.

Recent Trading History

In the preceding three months, Mr. Bastian completed another significant sale:

• August 4, 2026: Sold 206,510 shares for gross proceeds of $19,163,363.91.

Context & Market Impact

• Significance: Medium. While 50,000 shares represents a negligible percentage of Delta's 657,912,380 outstanding shares, ongoing divestments by top leadership—totaling over $23M across the past three months—are noteworthy for institutional investors monitoring executive sentiment and liquidity patterns.