Delta Air Lines (DAL) insider buying and selling
Every Table I transaction reported by directors and officers of S&P 500 companies on SEC Form 4 filings (2 business days to file): each row labeled with its official transaction code, nothing filtered out beforehand.
Open-market purchases (code P) are the rare signal, in green; sales (code S) are common and often pre-scheduled (10b5-1). Table II (derivatives) is not included: its prices are exercise prices, not market values. Guide: insider buying.
| Date | Ticker | Insider | Role | Shares | Price | Amount | % of stake | Type / filing |
|---|
Download these transactions as CSV No account, no sign-up. The data is public: it comes from SEC Form 4 filings.
Delta Air Lines, Inc. (DAL) insider buying and selling: no purchases, 33 sales
98 Form 4 Table I transactions filed with the SEC by Delta Air Lines, Inc. insiders between 2025-08-29 and 2026-08-06 (15-month history): 0 open-market purchases and 33 sales, plus 65 transactions under other Form 4 codes, broken down one by one below. The largest open-market trade is a sale of $21.0M by Hauenstein Glen W on 2026-02-06.
Delta Air Lines insider buying and selling over the last 12 months
Between Oct 21, 2025 and Oct 20, 2026, Delta Air Lines insiders filed 31 sales worth $123.6M on the open market, and no purchases.
The biggest seller was Bastian Edward H (Chief Executive Officer): $38.5M in 3 sales, out of 12 different sellers.
The largest trade of the period was a sale of $21.0M on Feb 6, 2026, by Hauenstein Glen W (President). Form 4 on sec.gov (0001683168-26-000893).
None of the 31 sales carries the 10b5-1 plan flag on the Form 4 (sales scheduled months ahead).
The last three months show 6 sales, against 6 in the three before. The latest sale from Aug 5, 2026.
Against its sector (Industrials, 75 companies with an insider page on this site), over the same dates the median is 8 sales and 0 purchases on the open market. Delta Air Lines has more sales than 68 of the other 74, ranks 8 of 75 by net dollars sold, and 28 of the 75 have at least one purchase.
The 20 most important trades
With no open-market purchases, the table starts with DAL's sales, largest first. The full history is in the tool above, already searched.
See all 98 DAL trades in the full history →
| Trade date | Filed | Insider | Role | Amount | Code | Filing |
|---|---|---|---|---|---|---|
| 2026-02-06 | 2026-02-10 | Hauenstein Glen W | President | $21.0M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $74.575 to $75.120 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-08-04 | 2026-08-05 | Bastian Edward H | Chief Executive Officer | $19.2M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $92.380 to $93.080 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-01-15 | 2026-01-16 | Bastian Edward H | Chief Executive Officer | $12.3M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $71.000 to $71.035 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-02-09 | 2026-02-10 | Hauenstein Glen W | President | $10.3M | S — Open-market saleForm 4 footnoteF2 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $74.940 to $75.710 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-02-26 | 2026-02-27 | Bastian Edward H | Chief Executive Officer | $7.0M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $70.250 to $70.320 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-04-10 | 2026-04-13 | Laughter John E | EVP & Chief of Operations | $4.7M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $67.960 to $68.430 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-02-05 | 2026-02-06 | Samant Rahul D | EVP & Chief Info Officer | $4.4M | S — Open-market saleForm 4 footnoteF3 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.910 to $70.410 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-01-14 | 2026-01-16 | Samant Rahul D | EVP & Chief Info Officer | $4.0M | S — Open-market sale | SEC |
| 2026-08-05 | 2026-08-06 | Sear Steven M | EVP - Global Sales & Distrib | $3.8M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $93.530 to $93.610 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-08-04 | 2026-08-05 | Carter Peter W | President | $3.7M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $92.740 to $93.300 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-08-04 | 2026-08-05 | Bellemare Alain | EVP & Pres. - International | $3.2M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $92.500 to $93.160 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-02-09 | 2026-02-10 | Sear Steven M | EVP - Global Sales & Distrib | $2.9M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $75.020 to $75.125 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-08-03 | 2026-08-05 | Dewalt David G | Director | $2.9M | S — Open-market sale2 Form 4 footnotesF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $90.730 to $91.235 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. F2 Reflects a separate transfer of 31,756 shares of common stock by the Reporting Person pursuant to a domestic relations order. The Reporting Person no longer has a reportable beneficial interest in the shares transferred. | SEC |
| 2026-01-16 | 2026-01-21 | Snell Erik Storey | EVP & Chief Cust Exper Officer | $2.8M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $71.000 to $71.065 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-02-09 | 2026-02-10 | Bellemare Alain | EVP & Pres. - International | $2.6M | S — Open-market sale | SEC |
| 2026-01-15 | 2026-01-16 | Bellemare Alain | EVP & Pres. - International | $2.5M | S — Open-market sale | SEC |
| 2026-01-14 | 2026-01-16 | Sear Steven M | EVP - Global Sales & Distrib | $2.2M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.640 to $69.820 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
| 2026-05-27 | 2026-05-28 | Bellemare Alain | EVP & Pres. - International | $2.0M | S — Open-market sale | SEC |
| 2026-02-06 | 2026-02-10 | Carter Peter W | Chief External Affairs Officer | $2.0M | S — Open-market sale | SEC |
| 2026-05-07 | 2026-05-08 | Bellemare Alain | EVP & Pres. - International | $1.5M | S — Open-market saleForm 4 footnoteF1 The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $72.740 to $72.780 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the Staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. | SEC |
The period balance: money in, money out
In the Form 4 filings submitted between Aug 29, 2025 and Aug 6, 2026 there is not one open-market purchase of Delta Air Lines, Inc.: 33 sales worth $125.1M and zero dollars bought.
Only codes P and S count, where an insider puts in or takes out their own money. A selling balance like Delta Air Lines, Inc.'s is the norm in the S&P 500, where much of the pay comes as stock. It is not a recommendation to buy or sell: it is what was filed.
Every transaction, code by code
| Code | What it means | Trades | Reported amount |
|---|---|---|---|
| S | Open-market sale | 33 | $125.1M |
| A | Grant or award | 30 | $0 |
| F | Tax withholding (shares surrendered for taxes) | 22 | $110.5M |
| M | Option exercise | 13 | $38.3M |
| Total | Everything filed in the period | 98 | $273.9M |
30 of the 98 rows carry no usable amount on the Form 4: they count as trades and add $0. The code labels come from the SEC index.
Who has traded
Over the 15 months of history, 26 distinct people or entities have filed Delta Air Lines, Inc. transactions: none bought on the open market and 12 sold. Counted by CIK, the fixed number the SEC gives each filer, and not by name, which each filer types their own way.
Of the 12 who sold on the open market (33 sales in all), the three biggest sellers account for $84.8M of the $125.1M: 68% of the money in three people.
| Filer | Role | Transactions | Bought (count) | Sold (count) | Last filed |
|---|---|---|---|---|---|
| Bastian Edward H | Chief Executive Officer | 8 | — | $38.5M (3) | 2026-08-05 |
| Hauenstein Glen W | President | 9 | — | $34.3M (5) | 2026-02-10 |
| Bellemare Alain | EVP & Pres. - International | 10 | — | $11.9M (5) | 2026-08-05 |
| Sear Steven M | EVP - Global Sales & Distrib | 8 | — | $8.9M (3) | 2026-08-06 |
| Samant Rahul D | EVP & Chief Info Officer | 6 | — | $8.4M (2) | 2026-02-06 |
| Laughter John E | EVP & Chief of Operations | 8 | — | $7.3M (3) | 2026-04-15 |
| Carter Peter W | President | 8 | — | $6.7M (3) | 2026-08-05 |
| Dewalt David G | Director | 2 | — | $2.9M (1) | 2026-08-05 |
Shown here are the 8 who moved the most money, out of 26. The rest are in the full history, one link above. The name links to all their trades, in any company. "Transactions" counts any code; the money, open market only. Role: from their latest filing.
Month by month
By the month the trade was executed, not the month it was filed; months with no trades show zero. The busiest month was Feb 2026: 0 purchases and 9 sales, worth $51.7M. 8 of the 15 months have none.
| Month | Purchases | Amount | Sales | Amount |
|---|---|---|---|---|
| Aug 2025 | 0 | $0 | 1 | $613k |
| Sep 2025 | 0 | $0 | 0 | $0 |
| Oct 2025 | 0 | $0 | 2 | $2.3M |
| Nov 2025 | 0 | $0 | 0 | $0 |
| Dec 2025 | 0 | $0 | 0 | $0 |
| Jan 2026 | 0 | $0 | 7 | $26.1M |
| Feb 2026 | 0 | $0 | 9 | $51.7M |
| Mar 2026 | 0 | $0 | 0 | $0 |
| Apr 2026 | 0 | $0 | 2 | $5.8M |
| May 2026 | 0 | $0 | 6 | $5.4M |
| Jun 2026 | 0 | $0 | 0 | $0 |
| Jul 2026 | 0 | $0 | 0 | $0 |
| Aug 2026 | 0 | $0 | 6 | $33.1M |
| Sep 2026 | 0 | $0 | 0 | $0 |
| Oct 2026 | 0 | $0 | 0 | $0 |
The last month may be partial: a Form 4 is filed up to two business days later. The table does not say whether the pattern is good or bad; it says when it happened.
Delta Air Lines, Inc. (DAL) analysis page →
Other Industrials companies with insider trades
All 500 are listed in the section index →
Which insiders are buying their own company stock →
How to read this data
None of the 20 sales in the table is flagged as scheduled (10b5-1 plan), the kind signed months ahead and executed automatically. Delta Air Lines has no open-market purchase (code P) in the history, the most common case in the S&P 500: insiders are already paid in stock. The latest filing is from Aug 6, 2026, and a Form 4 arrives up to two business days after the trade.
15 of the 20 rows in the table carry footnotes from the Form 4 itself, folded into the code column and copied verbatim; a row with no footnote means the filing has none.
Guide: Insider buying · all guides
What is behind these trades
The concepts on this page, explained from scratch in the Academy. Free, no account.
- What the efficiency hypothesis says and what it does NOT sayIf an insider's purchase is public and anyone can read it, is there any information left in it? That is the exact question that brings people here.
- Who really moves the market: the types of investorWho sits on the other side of each order, and where a company's own insiders fit among them.
- Supply, demand and price: why it rises and falls constantlyHow a piece of news ends up inside the price, and why the reaction to a filed sale is rarely the one you would expect.
Source: SEC EDGAR Form 4. This is a list of public facts, not financial advice or a recommendation to buy or sell.