DELTA AIR LINES, INC. (DAL) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-05 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: DELTA AIR LINES, INC. (DAL) CIK: 0000027904 --- Reporting Owner --- Name: Sear Steven M CIK: 0001666169 Role: Officer (EVP - Global Sales & Distrib) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-08-05 | Code: M (Exercise of derivative) Shares: +40,460 | Price: $51.23 Total Value: $2,072,765.80 Shares Owned After: 144,864 | Ownership: D (Direct) [Transaction #2] Security: Common Stock Date: 2026-08-05 | Code: S (Open market sale) Shares: -40,460 | Price: $93.55 Total Value: $3,785,154.38 Shares Owned After: 104,404 | Ownership: D (Direct) Footnotes: [F1] 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. --- Derivative Transactions --- [Transaction #1] Security: Employee Stock Option (right to buy) Date: 2026-08-05 | Code: M (Exercise of derivative) Shares: -40,460 | Price: $0.00 Exercisable: N/A | Expires: 2028-02-07 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F2] The option is currently exercisable. --- Footnotes (Complete Index) --- F1: 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. F2: The option is currently exercisable. --- Signature --- /s/ /s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear (2026-08-06)