Delta Air Lines insider activity
What the executives and directors of Delta Air Lines actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 130 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 5, 2026 | Sear Steven M | 40K |
| Aug 4, 2026 | Bastian Edward H | 207K |
| Aug 4, 2026 | BELLEMARE ALAIN | 35K |
| Aug 4, 2026 | Carter Peter W | 40K |
| Jun 18, 2026 | PRABHU VASANT M | 2,380 |
| Jun 18, 2026 | DEWALT DAVID G | 2,380 |
| Jun 18, 2026 | Creed Greg | 2,380 |
| Jun 18, 2026 | Chiang Willie CW | 2,380 |
| Jun 18, 2026 | HUERTA MICHAEL P | 2,380 |
| Jun 18, 2026 | Waller Kathy N | 2,380 |
| Jun 18, 2026 | Beck Christophe | 2,380 |
| Jun 18, 2026 | Rial Sergio | 3,652 |
| Jun 18, 2026 | Taylor David S | 3,810 |
| Jun 18, 2026 | Hale Leslie D. | 2,380 |
| Jun 18, 2026 | Black Maria | 2,380 |
| Jun 18, 2026 | McKenna Judith J | 2,380 |
| May 22, 2026 | Ausband Allison C | 9,710 |
| Apr 22, 2026 | McConnell Julia Ann | 740 |
| Apr 10, 2026 | Laughter John E | 23K |
| Apr 1, 2026 | BELLEMARE ALAIN | 2,470 |
| Apr 1, 2026 | Carter Peter W | 2,960 |
| Apr 1, 2026 | Janki Daniel C. | 5,550 |
| Apr 1, 2026 | Snell Erik Storey | 7,400 |
| Feb 6, 2026 | HAUENSTEIN GLEN W | 1.2M |
| Feb 4, 2026 | Bastian Edward H | 2.1M |
| Feb 4, 2026 | BELLEMARE ALAIN | 202K |
| Feb 4, 2026 | Carter Peter W | 694K |
| Feb 4, 2026 | Sear Steven M | 112K |
| Feb 4, 2026 | Samant Rahul D | 141K |
| Feb 4, 2026 | Janki Daniel C. | 351K |
| Feb 4, 2026 | Duggirala Amala | 16K |
| Feb 4, 2026 | Laughter John E | 101K |
| Feb 4, 2026 | Ausband Allison C | 117K |
| Feb 4, 2026 | Snell Erik Storey | 12K |
| Feb 4, 2026 | Esposito Joseph James | 14K |
| Jan 30, 2026 | HAUENSTEIN GLEN W | 11K |
| Jan 30, 2026 | Bastian Edward H | 22K |
| Jan 30, 2026 | BELLEMARE ALAIN | 13K |
| Jan 30, 2026 | Carter Peter W | 6,084 |
| Jan 30, 2026 | Sear Steven M | 4,871 |
| Jan 30, 2026 | Samant Rahul D | 6,819 |
| Jan 30, 2026 | Carroll William C | 2,667 |
| Jan 30, 2026 | Janki Daniel C. | 12K |
| Jan 30, 2026 | Laughter John E | 3,576 |
| Jan 30, 2026 | Ausband Allison C | 3,577 |
| Jan 30, 2026 | Snell Erik Storey | 5,897 |
| Jan 30, 2026 | Esposito Joseph James | 3,524 |
| Jan 16, 2026 | Snell Erik Storey | 36K |
| Jan 15, 2026 | Bastian Edward H | 173K |
| Jan 14, 2026 | Sear Steven M | 31K |
| Jan 14, 2026 | Samant Rahul D | 40K |
| Jan 12, 2026 | Duggirala Amala | 14K |
| Oct 21, 2025 | Laughter John E | 23K |
| Oct 15, 2025 | Carroll William C | 14K |
| Jun 20, 2025 | Rial Sergio | 5,452 |
| Jun 20, 2025 | PRABHU VASANT M | 4,240 |
| Jun 20, 2025 | DEWALT DAVID G | 4,240 |
| Jun 20, 2025 | Creed Greg | 4,240 |
| Jun 20, 2025 | Chiang Willie CW | 4,240 |
| Jun 20, 2025 | HUERTA MICHAEL P | 4,240 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 3.6M |
| Vested / exercised | 797K |
| Withheld for tax | 1.6M |
| Discretionary sales | 1.6M |
| Kept | 1.2M |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Carter Peter W | 190K | 425K | 223.3 |
| Janki Daniel C. | 152K | 382K | 251 |
| HAUENSTEIN GLEN W | 249K | 280K | 112.7 |
| Sear Steven M | 94K | 104K | 111.5 |
Who holds what
the 14 largest holdings of 28| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Bastian Edward H Chief Executive Officer Last trade Aug 4, 2026 | CEO | 1.6M | – | $38M | net selling over the year: 0 months buying, 3 months selling | Aug 4, 2026 |
| Carter Peter W President Last trade Aug 4, 2026 | Officer | 465K | – | $6.7M | net selling over the year: 0 months buying, 3 months selling | Aug 4, 2026 |
| Janki Daniel C. EVP & Chief Operating Officer | COO | 382K | – | – | – | |
| HAUENSTEIN GLEN W President Last trade Feb 9, 2026 | Officer | 280K | – | $34M | net selling over the year: 0 months buying, 2 months selling | Feb 9, 2026 |
| Sear Steven M EVP - Global Sales & Distrib Last trade Aug 5, 2026 | Officer | 145K | – | $8.9M | net selling over the year: 0 months buying, 3 months selling | Aug 5, 2026 |
| BELLEMARE ALAIN EVP & Pres. - International Last trade Aug 4, 2026 | Officer | 130K | – | $12M | net selling over the year: 0 months buying, 4 months selling | Aug 4, 2026 |
| Ausband Allison C EVP & Chief People Officer Last trade May 27, 2026 | Officer | 129K | – | $1.9M | net selling over the year: 0 months buying, 1 month selling | May 27, 2026 |
| Taylor David S Last trade Apr 11, 2025 | Director | 127K | – | – | Apr 11, 2025 | |
| Spanos Mike EVP & Chief Operating Officer | COO | 109K | – | – | – | |
| Smith Joanne D EVP & Chief People Officer Last trade Nov 21, 2024 | Officer | 85K | – | – | Nov 21, 2024 | |
| Laughter John E EVP & Chief of Operations Last trade Apr 14, 2026 | Officer | 54K | – | $7.3M | net selling over the year: 0 months buying, 2 months selling | Apr 14, 2026 |
| Snell Erik Storey EVP & Chief Financial Officer Last trade Jan 16, 2026 | CFO | 49K | – | $2.8M | net selling over the year: 0 months buying, 1 month selling | Jan 16, 2026 |
| Waller Kathy N | Director | 49K | – | – | – | |
| Rial Sergio | Director | 35K | – | – | – |
Open-market trade log
the 60 most recent of 598| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026 | HUERTA MICHAEL P (Director) 3,100 shares $94.12 −1.2% since trade filed Aug 6, 2026 | Discretionary sale | 3,100 | $94.12 | $292K | −1.2% | Aug 6, 2026 |
| Aug 5, 2026 | Sear Steven M (Officer) 40K shares $93.55 −0.6% since trade filed Aug 6, 2026 | Discretionary sale | 40K | $93.55 | $3.8M | −0.6% | Aug 6, 2026 |
| Aug 4, 2026 | Bastian Edward H (CEO) 207K shares $92.80 +0.2% since trade filed Aug 5, 2026 | Discretionary sale | 207K | $92.80 | $19M | +0.2% | Aug 5, 2026 |
| Aug 4, 2026 | BELLEMARE ALAIN (Officer) 35K shares $92.72 +0.3% since trade filed Aug 5, 2026 | Discretionary sale | 35K | $92.72 | $3.2M | +0.3% | Aug 5, 2026 |
| Aug 4, 2026 | Carter Peter W (Officer) 40K shares $92.98 +0.0% since trade filed Aug 5, 2026 | Discretionary sale | 40K | $92.98 | $3.7M | +0.0% | Aug 5, 2026 |
| Aug 3, 2026 | DEWALT DAVID G (Director) 32K shares $90.85 +2.4% since trade filed Aug 5, 2026 | Discretionary sale | 32K | $90.85 | $2.9M | +2.4% | Aug 5, 2026 |
| May 27, 2026 | BELLEMARE ALAIN (Officer) 25K shares $81.44 +14.2% since trade filed May 28, 2026 | Discretionary sale | 25K | $81.44 | $2.0M | +14.2% | May 28, 2026 |
| May 27, 2026 | Ausband Allison C (Officer) 5,000 shares $80.90 +14.9% since trade filed May 28, 2026 | Discretionary sale | 5,000 | $80.90 | $405K | +14.9% | May 28, 2026 |
| May 26, 2026 | Ausband Allison C (Officer) 5,000 shares $79.00 +17.7% since trade filed May 28, 2026 | Discretionary sale | 5,000 | $79.00 | $395K | +17.7% | May 28, 2026 |
| May 22, 2026 | Ausband Allison C (Officer) 9,710 shares $76.00 +22.3% since trade filed May 26, 2026 | Discretionary sale | 9,710 | $76.00 | $738K | +22.3% | May 26, 2026 |
| May 21, 2026 | Ausband Allison C (Officer) 5,000 shares $73.50 +26.5% since trade filed May 26, 2026 | Discretionary sale | 5,000 | $73.50 | $368K | +26.5% | May 26, 2026 |
| May 7, 2026 | BELLEMARE ALAIN (Officer) 21K shares $72.75 +27.8% since trade filed May 8, 2026 | Discretionary sale | 21K | $72.75 | $1.5M | +27.8% | May 8, 2026 |
| Apr 14, 2026 | Laughter John E (Officer) 15K shares $71.61 +29.9% since trade filed Apr 15, 2026 | Discretionary sale | 15K | $71.61 | $1.1M | +29.9% | Apr 15, 2026 |
| Apr 10, 2026 | Laughter John E (Officer) 69K shares $68.15 +36.4% since trade filed Apr 13, 2026 | Discretionary sale | 69K | $68.15 | $4.7M | +36.4% | Apr 13, 2026 |
| Feb 26, 2026 | Bastian Edward H (CEO) 100K shares $70.26 +32.3% since trade filed Feb 27, 2026 | Discretionary sale | 100K | $70.26 | $7.0M | +32.3% | Feb 27, 2026 |
| Feb 9, 2026 | HAUENSTEIN GLEN W (Officer) 137K shares $75.27 +23.5% since trade filed Feb 10, 2026 | Discretionary sale | 137K | $75.27 | $10M | +23.5% | Feb 10, 2026 |
| Feb 9, 2026 | BELLEMARE ALAIN (Officer) 35K shares $75.20 +23.6% since trade filed Feb 10, 2026 | Discretionary sale | 35K | $75.20 | $2.6M | +23.6% | Feb 10, 2026 |
| Feb 9, 2026 | Sear Steven M (Officer) 39K shares $75.05 +23.9% since trade filed Feb 10, 2026 | Discretionary sale | 39K | $75.05 | $2.9M | +23.9% | Feb 10, 2026 |
| Feb 6, 2026 | HAUENSTEIN GLEN W (Officer) 124K shares $74.77 +24.4% since trade filed Feb 10, 2026 | Discretionary sale | 124K | $74.77 | $9.3M | +24.4% | Feb 10, 2026 |
| Feb 6, 2026 | HAUENSTEIN GLEN W (Officer) 166K shares $71.00 +31.0% since trade filed Feb 10, 2026 | Discretionary sale | 166K | $71.00 | $12M | +31.0% | Feb 10, 2026 |
| Feb 6, 2026 | Carter Peter W (Officer) 27K shares $74.82 +24.3% since trade filed Feb 10, 2026 | Discretionary sale | 27K | $74.82 | $2.0M | +24.3% | Feb 10, 2026 |
| Feb 5, 2026 | HAUENSTEIN GLEN W (Officer) 14K shares $71.00 +31.0% since trade filed Feb 6, 2026 | Discretionary sale | 14K | $71.00 | $964K | +31.0% | Feb 6, 2026 |
| Feb 5, 2026 | Samant Rahul D (Officer) 63K shares $70.18 +32.5% since trade filed Feb 6, 2026 | Discretionary sale | 63K | $70.18 | $4.4M | +32.5% | Feb 6, 2026 |
| Feb 2, 2026 | Carroll William C (Officer) 5,967 shares $68.10 +36.5% since trade filed Feb 3, 2026 | Discretionary sale | 5,967 | $68.10 | $406K | +36.5% | Feb 3, 2026 |
| Jan 16, 2026 | Snell Erik Storey (Officer) 39K shares $71.02 +30.9% since trade filed Jan 21, 2026 | Discretionary sale | 39K | $71.02 | $2.8M | +30.9% | Jan 21, 2026 |
| Jan 15, 2026 | Bastian Edward H (CEO) 173K shares $71.00 +31.0% since trade filed Jan 16, 2026 | Discretionary sale | 173K | $71.00 | $12M | +31.0% | Jan 16, 2026 |
| Jan 15, 2026 | BELLEMARE ALAIN (Officer) 36K shares $69.21 +34.3% since trade filed Jan 16, 2026 | Discretionary sale | 36K | $69.21 | $2.5M | +34.3% | Jan 16, 2026 |
| Jan 15, 2026 | Carter Peter W (Officer) 14K shares $70.30 +32.3% since trade filed Jan 16, 2026 | Discretionary sale | 14K | $70.30 | $1.0M | +32.3% | Jan 16, 2026 |
| Jan 14, 2026 | HAUENSTEIN GLEN W (Officer) 20K shares $70.00 +32.8% since trade filed Jan 16, 2026 | Discretionary sale | 20K | $70.00 | $1.4M | +32.8% | Jan 16, 2026 |
| Jan 14, 2026 | Sear Steven M (Officer) 31K shares $69.69 +33.4% since trade filed Jan 16, 2026 | Discretionary sale | 31K | $69.69 | $2.2M | +33.4% | Jan 16, 2026 |
| Jan 14, 2026 | Samant Rahul D (Officer) 17K shares $69.57 +33.7% since trade filed Jan 16, 2026 | Discretionary sale | 17K | $69.57 | $1.2M | +33.7% | Jan 16, 2026 |
| Jan 14, 2026 | Samant Rahul D (Officer) 40K shares $69.57 +33.7% since trade filed Jan 16, 2026 | Discretionary sale | 40K | $69.57 | $2.8M | +33.7% | Jan 16, 2026 |
| Oct 21, 2025 | Laughter John E (Officer) 23K shares $62.33 +49.2% since trade filed Oct 23, 2025 | Discretionary sale | 23K | $62.33 | $1.5M | +49.2% | Oct 23, 2025 |
| Oct 15, 2025 | Carroll William C (Officer) 14K shares $61.25 +51.8% since trade filed Oct 17, 2025 | Discretionary sale | 14K | $61.25 | $858K | +51.8% | Oct 17, 2025 |
| Aug 27, 2025 | HAUENSTEIN GLEN W (Officer) 10K shares $61.31 +51.7% since trade filed Aug 29, 2025 | Discretionary sale | 10K | $61.31 | $613K | +51.7% | Aug 29, 2025 |
| Aug 19, 2025 | HUERTA MICHAEL P (Director) 2,500 shares $60.71 +53.2% since trade filed Aug 20, 2025 | Discretionary sale | 2,500 | $60.71 | $152K | +53.2% | Aug 20, 2025 |
| Jul 23, 2025 | Bastian Edward H (CEO) 35K shares $56.29 +65.2% since trade filed Jul 24, 2025 | Discretionary sale | 35K | $56.29 | $2.0M | +65.2% | Jul 24, 2025 |
| Jul 15, 2025 | Carter Peter W (Officer) 18K shares $57.19 +62.6% since trade filed Jul 16, 2025 | Discretionary sale | 18K | $57.19 | $1.0M | +62.6% | Jul 16, 2025 |
| Jul 15, 2025 | Sear Steven M (Officer) 18K shares $55.96 +66.2% since trade filed Jul 16, 2025 | Discretionary sale | 18K | $55.96 | $1.0M | +66.2% | Jul 16, 2025 |
| Jul 11, 2025 | BELLEMARE ALAIN (Officer) 20K shares $56.32 +65.1% since trade filed Jul 14, 2025 | Discretionary sale | 20K | $56.32 | $1.1M | +65.1% | Jul 14, 2025 |
| Jul 11, 2025 | BELLEMARE ALAIN (Officer) 25K shares $54.95 +69.2% since trade filed Jul 14, 2025 | Discretionary sale | 25K | $54.95 | $1.4M | +69.2% | Jul 14, 2025 |
| Apr 11, 2025 | Taylor David S (Director) 10K shares $39.20 +137.2% since trade filed Apr 11, 2025 | Open-market buy | 10K | $39.20 | $392K | +137.2% | Apr 11, 2025 |
| Apr 10, 2025 | Creed Greg (Director) 5,000 shares $41.84 +122.2% since trade filed Apr 11, 2025 | Open-market buy | 5,000 | $41.84 | $209K | +122.2% | Apr 11, 2025 |
| Feb 11, 2025 | Samant Rahul D (Officer) 38K shares $64.89 +43.3% since trade filed Feb 12, 2025 | Discretionary sale | 38K | $64.89 | $2.5M | +43.3% | Feb 12, 2025 |
| Feb 5, 2025 | Samant Rahul D (Officer) 6,700 shares $69.07 +34.6% since trade filed Feb 7, 2025 | Discretionary sale | 6,700 | $69.07 | $463K | +34.6% | Feb 7, 2025 |
| Feb 5, 2025 | Samant Rahul D (Officer) 11K shares $69.09 +34.6% since trade filed Feb 7, 2025 | Discretionary sale | 11K | $69.09 | $779K | +34.6% | Feb 7, 2025 |
| Feb 3, 2025 | Carroll William C (Officer) 6,783 shares $65.94 +41.0% since trade filed Feb 4, 2025 | Discretionary sale | 6,783 | $65.94 | $447K | +41.0% | Feb 4, 2025 |
| Jan 22, 2025 | Bastian Edward H (CEO) 92K shares $69.85 +33.1% since trade filed Jan 23, 2025 | Discretionary sale | 92K | $69.85 | $6.4M | +33.1% | Jan 23, 2025 |
| Jan 17, 2025 | Carroll William C (Officer) 8,400 shares $66.02 +40.8% since trade filed Jan 21, 2025 | Discretionary sale | 8,400 | $66.02 | $555K | +40.8% | Jan 21, 2025 |
| Nov 21, 2024 | Smith Joanne D (Officer) 20K shares $64.70 +43.7% since trade filed Nov 22, 2024 | Discretionary sale | 20K | $64.70 | $1.3M | +43.7% | Nov 22, 2024 |
| Nov 8, 2024 | Carroll William C (Officer) 22K shares $60.63 +53.4% since trade filed Nov 12, 2024 | Discretionary sale | 22K | $60.63 | $1.3M | +53.4% | Nov 12, 2024 |
| Nov 7, 2024 | Smith Joanne D (Officer) 4,207 shares $60.71 +53.2% since trade filed Nov 22, 2024 late | Discretionary sale | 4,207 | $60.71 | $255K | +53.2% | Nov 22, 2024 late |
| Nov 7, 2024 | Samant Rahul D (Officer) 19K shares $62.14 +49.6% since trade filed Nov 8, 2024 | Discretionary sale | 19K | $62.14 | $1.2M | +49.6% | Nov 8, 2024 |
| Nov 6, 2024 | HAUENSTEIN GLEN W (Officer) 40K shares $62.56 +48.6% since trade filed Nov 7, 2024 | Discretionary sale | 40K | $62.56 | $2.5M | +48.6% | Nov 7, 2024 |
| Nov 6, 2024 | Ausband Allison C (Officer) 7,510 shares $62.62 +48.5% since trade filed Nov 7, 2024 | Discretionary sale | 7,510 | $62.62 | $470K | +48.5% | Nov 7, 2024 |
| Nov 1, 2024 | Sear Steven M (Officer) 10K shares $58.72 +58.3% since trade filed Nov 4, 2024 | Discretionary sale | 10K | $58.72 | $604K | +58.3% | Nov 4, 2024 |
| Oct 31, 2024 | HAUENSTEIN GLEN W (Officer) 75K shares $58.30 +59.5% since trade filed Nov 1, 2024 | Discretionary sale | 75K | $58.30 | $4.4M | +59.5% | Nov 1, 2024 |
| Oct 30, 2024 | Samant Rahul D (Officer) 10K shares $58.53 +58.9% since trade filed Oct 31, 2024 | Discretionary sale | 10K | $58.53 | $585K | +58.9% | Oct 31, 2024 |
| Oct 28, 2024 | Bastian Edward H (CEO) 68K shares $56.33 +65.1% since trade filed Oct 29, 2024 | Discretionary sale | 68K | $56.33 | $3.8M | +65.1% | Oct 29, 2024 |
| Oct 17, 2024 | BELLEMARE ALAIN (Officer) 19K shares $55.26 +68.3% since trade filed Oct 18, 2024 | Discretionary sale | 19K | $55.26 | $1.1M | +68.3% | Oct 18, 2024 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.