Delta Air Lines President Receives $55.9M Performance-Based Stock Award, Makes Small Sale
DAL has more than doubled off its 52-week low of $34.735.
Summary
Delta Air Lines' President, Glen W. Hauenstein, received a significant performance-based stock award valued at $55.9 million, alongside a smaller open market sale and tax-related dispositions.
Key Events · Ownership and Investor Activity · DAL
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Performance-Based Stock Award
President Glen W. Hauenstein received 741,030 shares, valued at approximately $55.9 million, from the vesting of Performance Restricted Stock Units (PRSUs) due to the company meeting performance targets.
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Open Market Sale
A disposition of 13,576 shares, totaling $963,896, was made in an open market transaction.
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Tax Withholding
330,056 shares, valued at $23.3 million, were disposed of to cover tax liabilities associated with the stock award.
Analysis · DAL · Energy & Transportation
This Form 4 filing indicates that Delta Air Lines' President, Glen W. Hauenstein, was awarded 741,030 shares of common stock, valued at approximately $55.9 million, as a result of the vesting of Performance Restricted Stock Units (PRSUs). This award signifies the company's satisfaction of specific performance criteria, reflecting positively on operational achievements. Concurrently, 330,056 shares were withheld for tax obligations, and a smaller open market sale of 13,576 shares, totaling $963,896, was executed. Despite the dispositions, the net effect is a substantial increase in the President's direct holdings, demonstrating continued insider alignment with shareholder interests.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DAL was trading at $75.46 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $49.2B. The 52-week trading range was $34.74 to $75.66. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.