February 5, 2025 · Form 4 insider transaction
Bastian Edward H sold 151,000 shares of Delta Air Lines, Inc. at $69.06 per share, a transaction worth $10.43M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2022 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).