Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million. Here's a Deeper Look at the Transaction.
The airline reported a notable insider sale amid a 77% surge in share price over the past year.
Overview
Edward H. Bastian, Chief Executive Officer of Delta Air Lines, Inc. (NYSE:DAL), sold ~207,000 shares of common stock on August 4, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($92.80); post-transaction value based on August 4, 2026 market close ($92.77).
Details
Delta Air Lines is one of the largest carriers in the United States with a fleet-based competitive advantage and a strategically positioned hub network generating $68.3 billion in trailing 12-month revenue. The company operates through both airline and refinery segments, providing operational integration and margin enhancement opportunities.
Source
Originally published at www.fool.com.