DAL SEC Filing News — Delta Air Lines, Inc.

Latest SEC filings for Delta Air Lines, Inc. (DAL) explained in plain English. Covers insider buying and selling (Form 4), proposed insider sales (Form 144), material company events (8-K), and quarterly & annual reports (10-Q / 10-K). StrongBuyAnalytics provides navigation and brief excerpts or summaries; original filings remain at the SEC/source links and were authored by their filers, not StrongBuyAnalytics. Filing dates shown are source dates. Coverage and detection can be delayed or incomplete because of SEC availability, amendments, parsing, caching, or outages. Latest source filing date shown: 2026-08-06.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico …
Sector: Industrials Industry: Airlines Market Cap: $54.6B CIK: 27904
20
Total Filings
0
Bullish Classifications
7
Bearish Classifications
11
Insider Transactions
1
Material Events (8-K)
1
Periodic Reports
Rule-based classifications for DAL currently lean bearish. Of the 20 filing records displayed, 7 carry bearish classifications (such as insider sales or negative 8-K disclosures) versus 0 bullish. This does not necessarily signal fundamental deterioration — insiders sell for many reasons — but it is worth monitoring alongside the company's core financial metrics.
DAL Filing Activity Snapshot 2026-06-22 — 2026-08-06
Insider Transactions (Form 4)
0 buys vs 6 sells
Net insider selling in this period — insiders sell for many reasons beyond conviction.
Largest Form 144 Filing
$19.16M
Bastian Edward H · 2026-08-04
206,510 shares · Form 144
Form 144 Notices
7
Proposed insider sales filed — Form 144 is a notice of intent, not a confirmed transaction. Actual sales are confirmed via Form 4.
Insider Transactions 11 · Forms 3, 4 and 5

A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Delta Air Lines, Inc.

The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.

Across the 11 insider filings shown, the breakdown is 6 open-market sale and 5 compensation award. 6 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.

What each transaction type means

Open-market sale ×6
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Compensation award ×5
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Form 4 Open-market sale Insider Selling 2026-08-06

DAL insider HUERTA MICHAEL P (Director) sold 3,100 shares (~$291.8K)

HUERTA MICHAEL P, listed as Director at DELTA AIR LINES, INC., reported an open-market sale of 3,100 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 3,100 $94.11 $291.8K
Filing: Form 4 (Insider Transaction) Insider: HUERTA MICHAEL P (Director) Shares: 3,100 Est. Value: $291.8K
Form 4 Open-market sale Insider Selling 2026-08-06

DAL insider Sear Steven M (EVP - Global Sales & Distrib) sold 40,460 shares (~$3.79M)

Sear Steven M, listed as EVP - Global Sales & Distrib at DELTA AIR LINES, INC., reported an open-market sale of 40,460 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 40,460 $51.23 $2.07M
S Open-market sale 40,460 $93.55 $3.79M
M Option exercise derivative · Employee Stock Option (right to buy) 40,460 — —
Filing: Form 4 (Insider Transaction) Insider: Sear Steven M (EVP - Global Sales & Distrib) Shares: 40,460 Est. Value: $3.79M
Form 4 Open-market sale Insider Selling 2026-08-05

DAL insider Carter Peter W (President) sold 39,900 shares (~$3.71M)

Carter Peter W, listed as President at DELTA AIR LINES, INC., reported an open-market sale of 39,900 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 39,900 $49.33 $1.97M
S Open-market sale 39,900 $92.98 $3.71M
M Option exercise derivative · Employee Stock Option (right to buy) 39,900 — —
Filing: Form 4 (Insider Transaction) Insider: Carter Peter W (President) Shares: 39,900 Est. Value: $3.71M
Form 4 Open-market sale Insider Selling 2026-08-05

DAL insider BELLEMARE ALAIN (EVP & Pres. - International) sold 35,000 shares (~$3.25M)

BELLEMARE ALAIN, listed as EVP & Pres. - International at DELTA AIR LINES, INC., reported an open-market sale of 35,000 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 35,000 $39.78 $1.39M
S Open-market sale 35,000 $92.72 $3.25M
M Option exercise derivative · Employee Stock Option (right to buy) 35,000 — —
Filing: Form 4 (Insider Transaction) Insider: BELLEMARE ALAIN (EVP & Pres. - International) Shares: 35,000 Est. Value: $3.25M
Form 4 Open-market sale Insider Selling 2026-08-05

DAL insider Bastian Edward H (Director, Chief Executive Officer) sold 206,510 shares (~$19.16M)

Bastian Edward H, listed as Director, Chief Executive Officer at DELTA AIR LINES, INC., reported an open-market sale of 206,510 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
M Option exercise 206,510 $49.33 $10.19M
S Open-market sale 206,510 $92.80 $19.16M
M Option exercise derivative · Employee Stock Option (right to buy) 206,510 — —
Filing: Form 4 (Insider Transaction) Insider: Bastian Edward H (Director, Chief Executive Officer) Shares: 206,510 Est. Value: $19.16M
Form 4 Open-market sale Insider Selling 2026-08-05

DAL insider DEWALT DAVID G (Director) sold 31,756 shares (~$2.88M)

DEWALT DAVID G, listed as Director at DELTA AIR LINES, INC., reported an open-market sale of 31,756 DAL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.

The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.

Transactions reported on this filing
Code Nature Shares Price Value
S Open-market sale 31,756 $90.85 $2.88M
Filing: Form 4 (Insider Transaction) Insider: DEWALT DAVID G (Director) Shares: 31,756 Est. Value: $2.88M
Form 4 Compensation award Tax / Compensation Filing 2026-06-22

DAL insider Form 4 filed for equity award, exercise, or tax withholding

Hale Leslie D. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 2,380 — —
Filing: Form 4 (Insider Transaction) Insider: Hale Leslie D. (Director) Shares: 2,380
Form 4 Compensation award Tax / Compensation Filing 2026-06-22

DAL insider Form 4 filed for equity award, exercise, or tax withholding

Beck Christophe (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 2,380 — —
Filing: Form 4 (Insider Transaction) Insider: Beck Christophe (Director) Shares: 2,380
Form 4 Compensation award Tax / Compensation Filing 2026-06-22

DAL insider Form 4 filed for equity award, exercise, or tax withholding

Taylor David S (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 3,810 — —
Filing: Form 4 (Insider Transaction) Insider: Taylor David S (Director) Shares: 3,810
Form 4 Compensation award Tax / Compensation Filing 2026-06-22

DAL insider Form 4 filed for equity award, exercise, or tax withholding

Waller Kathy N (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 2,380 — —
Filing: Form 4 (Insider Transaction) Insider: Waller Kathy N (Director) Shares: 2,380
Form 4 Compensation award Tax / Compensation Filing 2026-06-22

DAL insider Form 4 filed for equity award, exercise, or tax withholding

Chiang Willie CW (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.

Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.

Transactions reported on this filing
Code Nature Shares Price Value
A Compensation award 2,380 — —
Filing: Form 4 (Insider Transaction) Insider: Chiang Willie CW (Director) Shares: 2,380
Proposed Insider Sales 7 · Form 144

A Form 144 is a notice of intent to sell restricted or control securities. It is not a record that anything was sold. Delta Air Lines, Inc. has 7 such notices in this period.

The distinction matters because a Form 144 is frequently reported as though it were a completed insider sale. The filer may sell all of the shares covered, some of them, or none at all, and there is no obligation to update the notice either way. A sale that is actually executed by an officer or director shows up separately on a Form 4, which is the filing to check before treating a proposed sale as a real one.

Form 144 Proposed Insider Sale 2026-08-05

DAL Form 144 filed for proposed insider sale by Sear Steven M (40,460 shares) ~$3.79M

Sear Steven M filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Sear Steven M Shares: 40,460 Est. Value: $3.79M
Form 144 Proposed Insider Sale 2026-08-05

DAL Form 144 filed for proposed insider sale by HUERTA MICHAEL P (3,100 shares) ~$291.8K

HUERTA MICHAEL P filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: HUERTA MICHAEL P Shares: 3,100 Est. Value: $291.8K
Form 144 Proposed Insider Sale 2026-08-04

DAL Form 144 filed for proposed insider sale by Carter Peter W (39,900 shares) ~$3.71M

Carter Peter W filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Carter Peter W Shares: 39,900 Est. Value: $3.71M
Form 144 Large Proposed Insider Sale 2026-08-04

DAL Form 144 filed for proposed insider sale by Bastian Edward H (206,510 shares) ~$19.16M

Bastian Edward H filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4. The proposed dollar value is large enough to merit attention.

Filing: Form 144 (Proposed Sale Notice) Insider: Bastian Edward H Shares: 206,510 Est. Value: $19.16M
Form 144 Proposed Insider Sale 2026-08-04

DAL Form 144 filed for proposed insider sale by BELLEMARE ALAIN (35,000 shares) ~$3.25M

BELLEMARE ALAIN filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: BELLEMARE ALAIN Shares: 35,000 Est. Value: $3.25M
Form 144 Proposed Insider Sale 2026-08-03

DAL Form 144 filed for proposed insider sale by DEWALT DAVID G (31,756 shares) ~$2.88M

DEWALT DAVID G filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: DEWALT DAVID G Shares: 31,756 Est. Value: $2.88M
Form 144 Proposed Insider Sale 2026-06-25

DAL Form 144 filed for proposed insider sale by Laughter John E (6,463 shares) ~$603.1K

Laughter John E filed a Form 144 with the SEC indicating intent to sell DAL (DELTA AIR LINES, INC.) shares. Form 144 reflects a proposed sale, not a completed transaction. The actual execution, if any, would typically appear later in a Form 4.

Filing: Form 144 (Proposed Sale Notice) Insider: Laughter John E Shares: 6,463 Est. Value: $603.1K
Material Events 1 · Form 8-K

An 8-K reports a material event in the window between scheduled reports. There is 1 in this period for Delta Air Lines, Inc. Each 8-K names the item number it is filed under, and that number is the fastest way to tell a routine disclosure from a consequential one.

Item 2.02 is an earnings release, Item 5.02 is a change of directors or officers, and Item 1.01 or 2.01 covers a material agreement or a completed acquisition. Item 7.01 and Item 8.01 are the general-purpose disclosure items and carry no fixed meaning on their own.

Form 8-K Material Company Update 2026-07-10

DAL filed 8-K — material company event

DELTA AIR LINES, INC. filed an 8-K with the SEC reporting a material event. Summary unavailable — view the original SEC filing for the full text.

Filing: 8-K (Material Event)
Periodic Reports 1 · Forms 10-K and 10-Q

The periodic reports are where the audited and reviewed financial statements live. This period contains 1 quarterly report (10-Q) for Delta Air Lines, Inc.

The two are not equivalent in weight. A 10-K is audited by an external firm and includes the full risk factor disclosure, business description and management discussion; a 10-Q is unaudited, reviewed rather than examined, and much shorter. When a figure in a quarterly report is later revised, the annual report is usually where the correction appears.

An amended report — 10-K/A or 10-Q/A — restates or corrects something in the original filing, and is worth reading against the version it replaces.

Form 10-Q Quarterly Report 2026-07-10

DAL filed Quarterly Report (10-Q)

DELTA AIR LINES, INC. filed its quarterly report with the SEC. This report includes unaudited financial statements and management discussion for the quarter.

Filing: 10-Q (Quarterly Report)

How we classify Delta Air Lines, Inc.'s filings

Straight from EDGAR

Each displayed record links to an original source document. StrongBuyAnalytics provides navigation and brief excerpts or summaries, not the filing itself. Parsing may omit context or contain errors, so read the original document in full.

Transaction codes, not guesswork

The nature shown on each insider filing comes from the transaction code the filer entered on the form itself — P for an open-market purchase, A for a compensation award, F for shares withheld to pay tax, M for an option exercise. Where one filing contains several codes, the transaction table lists them line by line.

Why the distinction matters

Insider activity is routinely summarised as buying or selling, which flattens together decisions that mean very different things. Shares withheld for tax on a vesting grant are an automatic administrative step; shares bought on the open market are someone committing their own money at the current price.

What this page does not tell you

A filing records what happened, not why. Form 4 does not always disclose whether a sale was executed under a pre-arranged Rule 10b5-1 plan, and no single filing is a basis for a decision on DAL. Read these alongside the fundamentals rather than in isolation.

Frequently Asked Questions — DAL SEC Filings

What SEC filings does Delta Air Lines, Inc. submit to the SEC?

Delta Air Lines, Inc. (DAL) submits several types of SEC filings including Form 4 (insider transactions), Form 144 (proposed insider sales), 8-K reports (material events such as earnings releases, acquisitions, leadership changes), and periodic reports — the 10-Q (quarterly) and 10-K (annual). All filings are publicly available through SEC EDGAR.

What does a Form 4 filing tell me about DAL?

A Form 4 for DAL discloses a transaction by a company insider — typically a director, officer, or 10%+ shareholder. It shows the source-reported date, number of shares, price, and updated ownership. These facts do not establish motive or predict future returns.

How do I interpret an 8-K filing from Delta Air Lines, Inc.?

An 8-K signals a material event requiring prompt disclosure. Common triggers include earnings pre-announcements, acquisitions, leadership appointments or departures, credit changes, or regulatory actions. Read the item codes inside the filing to understand exactly what was disclosed before drawing conclusions.

What is the difference between a 10-K and 10-Q for DAL?

The 10-K is Delta Air Lines, Inc.'s annual report with fully audited financial statements, comprehensive MD&A, and complete risk factor disclosures — filed 60–90 days after fiscal year-end. The 10-Q is a lighter quarterly report with unaudited financials filed for the first three quarters. Together they provide a continuous financial picture of the company.

Where can I see all DAL SEC filings directly on EDGAR?

You can view all historical Delta Air Lines, Inc. filings on the SEC EDGAR company page for DAL. Each filing card on this page links directly to the original SEC document.

How often does Delta Air Lines, Inc. file with the SEC?

Delta Air Lines, Inc. files one 10-K per year and up to three 10-Qs per year. Form 4 insider transactions must be reported within two business days of each trade, so the frequency depends on how often insiders are buying or selling DAL shares. 8-K filings occur whenever a material event happens — which can be several times per quarter for an active company.

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Publisher, sources & limitations — September 15, 2026. StrongBuyAnalytics provides navigation and brief excerpts or summaries for educational use. Original filings remain at SEC EDGAR or other displayed source links; StrongBuyAnalytics does not author them. Filing dates are source dates, not publication dates for this page. Coverage can be delayed, incomplete, amended, or unavailable because of SEC/source availability, parsing, caching, or outages. Verify every material statement in the original filing.
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