Insider trade

Officer sold ~$858K of DAL shares in the open market

Traded Oct 15, 2025 · Filed Oct 17, 2025

Delta Air LinesDAL

~$858K
Reported value · 14K sh @ $61.247: 16K
Holds after · shares reported: +36.4%
stock since the trade · S&P 500 +14.9%, $61.70 → $84.13 on Oct 1

Why it stands out

Delta Air Lines's SVP, Fin & Controller sold $858K of Delta Air Lines shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 15, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 17, 2025

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$858,070

Shares × reported transaction price

Timing vs results

6 days after results of Oct 9, 2025, 90 days before results of Jan 13, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $61.70 on Oct 15, 2025, 72% above its 52-week low and 11% below its high, little changed over the previous 30 trading days

52-week range $35.88 (Apr 8, 2025) to $69.06 (Feb 4, 2025), 78% of the way up, from 250 adjusted closes. 30 trading days earlier: $61.27 on Sep 3, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.1%	+2.1%	-4.2%
30 days	-7.9%	-1.3%	-6.6%
90 days	+9.3%	+0.9%	+8.3%
180 days	+15.3%	+5.6%	+9.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001683168-25-007639
Filed / recorded: Oct 17, 2025, 8:30 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: DELTA AIR LINES, INC.
Issuer CIK: 27904
Ticker: DAL
Reporting person: William C Carroll
Relationship: Officer
Officer title: SVP, Fin & Controller
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Oct 15, 2025
Transaction code: S
Shares / units: 14,010
Price per share: $61.247
Acquired / disposed: Disposed (D)
Shares owned after: 15,816
Ownership form: Direct
Amendment: No

Footnotes from the filing

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 of $61.240 and $61.261 per share, respectively. 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.