Peter W. Carter, the President of Delta Air Lines, Inc., recently sold 44,950 shares of the airline's common stock. This transaction, reported in a filing with the SEC, is significant as it highlights ongoing changes in executive ownership within the airline sector.

The sale took place on November 4, 2026, at an average price of $89.287 per share. Following this transaction, Carter retains ownership of 379,754 shares of Delta Air Lines. The filing indicates that the shares were sold in multiple transactions through a broker-dealer, with prices ranging from $89.220 to $89.365 per share.

Delta Air Lines, which operates under the ticker symbol DAL, is a prominent player in the air transportation industry. The company is known for its extensive flight network and customer service. As one of the largest airlines in the world, Delta competes with other major carriers in the sector.

The filing does not provide further details on the motivations behind Carter's stock sale or any potential implications for the company. However, such transactions by executives can often reflect personal financial strategies or changes in their roles within the company.

Details were not available in the SEC filing regarding what happens next following this transaction.

Transaction Details

The SEC filing specifies that the shares sold by Carter were common stock, and the transaction was coded as a sale (S) under the SEC's transaction coding system. The filing also notes that the shares were sold in multiple transactions through a broker-dealer, with the average price being $89.287 per share. The prices for the shares ranged from $89.220 to $89.365 per share, indicating a slight variance in the sale prices during the transaction period.

Executive Role

Peter W. Carter holds the title of President at Delta Air Lines, Inc., and is classified as an officer in the company's SEC filings. The filing confirms that he is not a director or a ten-percent owner of the company, which provides context to his level of ownership and influence within the organization.

Signature and Representation

The filing was signed by Alan T. Rosselot, acting as attorney-in-fact for Peter W. Carter, on November 6, 2026. This indicates that Carter may have delegated the filing responsibility to Rosselot, a common practice in corporate governance.

"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."

This statement emphasizes the transparency and accountability expected in such transactions, allowing stakeholders to request further details if necessary.