Insider transaction
Peter W. Carter, who serves as Chief External Affairs Officer at Delta Air Lines (NYSE: DAL), reported the sale of 27,000 common shares on February 6, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were disposed of at a per-share price of $74.8234, producing proceeds of approximately $2,020,231. After completing the sale, Carter retains direct ownership of 421,744 Delta shares.
Corporate actions and fleet update
In other corporate developments, Delta declared a quarterly cash dividend of $0.1875 per share. That dividend is payable on March 19, 2026, to holders of record as of February 26, 2026. The company also entered into a definitive purchase agreement with Airbus S.A.S. to buy 31 widebody airframes - comprised of 16 Airbus A330-900s and 15 Airbus A350-900s - with deliveries scheduled to commence in 2029. The agreement includes an option enabling Delta to acquire as many as 20 additional widebody aircraft.
Analyst reactions and guidance context
Market analysts have reacted with continued support. BofA Securities reiterated its Buy rating on Delta and kept a price target of $80.00, citing the airline's conservative stance toward its 2026 earnings guidance. UBS also maintained a Buy rating but adjusted its price target to $87.00 from $90.00 after assessing Delta's fiscal year guidance, which the bank said fell short of expectations at the mid-point.
Operational context
These company-specific moves and analyst responses arrive as the industry seeks to normalize travel patterns following disruptions from a winter storm, an adjustment noted by Transportation Secretary Sean Duffy.
What this filing and the corporate announcements show
The Form 4 filing documents a single, clearly defined insider sale by a senior executive, while the company simultaneously outlined shareholder returns via a quarterly dividend and committed to a multi-aircraft widebody purchase agreement with Airbus. Analysts have kept Buy ratings but display varying price-target assessments tied to Delta's guidance.