Delta Air Lines (DAL)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-04 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: DELTA AIR LINES, INC. (DAL) CIK: 0000027904 --- Reporting Owner --- Name: Carter Peter W CIK: 0001647706 Role: Officer (Chief External Affairs Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-04 | Code: A (Grant or award) Shares: +18,350 Shares Owned After: 189,408 | Ownership: D (Direct) Footnotes: [F1] The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Carter 18,350 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1). [F1] The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Carter 18,350 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1). [Transaction #2] Security: Common Stock Date: 2026-02-04 | Code: A (Grant or award) Shares: +467,610 Shares Owned After: 657,018 | Ownership: D (Direct) Footnotes: [F2] Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Committee on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). [F2] Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Committee on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). [Transaction #3] Security: Common Stock Date: 2026-02-04 | Code: F (Payment of exercise/tax) Shares: -208,274 | Price: $70.86 Total Value: $14,758,295.64 Shares Owned After: 448,744 | Ownership: D (Direct) Footnotes: [F3] Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e). --- Footnotes (Complete Index) --- F1: The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Carter 18,350 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1). F2: Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Committee on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). F3: Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e). --- Signature --- /s/ /s/ Alan T. Rosselot, as attorney-in-fact for Peter W. Carter (2026-02-06)