Delta Air Lines Executive Vice President and Chief Information Officer Rahul D. Samant sold 62,528 shares of the carrier's common stock on February 5, 2026, for approximately $4.38 million, according to a Form 4 filed with the Securities and Exchange Commission.
The reported sales were executed at prices ranging from $69.910 to $70.410 per share.
The filing also discloses related activity on February 4, 2026. On that date, Samant acquired 97,440 shares tied to the vesting of performance-restricted stock units (PRSUs). In connection with the PRSU settlement, 43,400 shares were withheld to cover the tax liability, a withholding valued at $3,075,324 using a per-share price of $70.86.
After completing the sale on February 5, 2026, Samant's direct ownership of Delta Air Lines common stock stands at 20,939 shares.
Separately, Delta announced a quarterly cash dividend of $0.1875 per share. The dividend is payable on March 19, 2026, to shareholders of record as of February 26, 2026.
The airline also disclosed a definitive agreement to purchase 31 Airbus widebody aircraft, comprised of 16 Airbus A330-900 and 15 Airbus A350-900 models, with deliveries scheduled to begin in 2029.
On the analyst front, BofA Securities reiterated its Buy rating on Delta and set a $80.00 price target, citing the airline's conservative posture toward its 2026 earnings guidance. UBS maintained a Buy rating as well, while adjusting its price target to $87.00 from $90.00; UBS noted that Delta's fiscal year guidance missed expectations at the mid-point.
Company statements and analyst commentary came as the airline and industry stakeholders work to normalize air travel following notable disruption from a recent winter storm.
This article summarizes the transactions and corporate disclosures reflected in SEC filings and Delta announcements. The reported figures and dates are taken from the filings and company releases cited above.