A Delta Air Lines EVP exercised 40,460 stock options at $51.23 and sold shares at an average price of $93.55.
Delta Air Lines Executive Vice President Steven M. Sear sold 40,460 shares of common stock on August 5, 2026, for approximately $3.8 million. The transaction followed an exercise of stock options at $51.23 per share, with sales executed at a weighted average price of $93.55.
The shares were sold in multiple transactions ranging from $93.53 to $93.61. After the sale, Sear retains direct ownership of 104,404 shares, valued at roughly $9.72 million based on the August 5 closing price of $93.14.
Delta Air Lines reported trailing twelve-month revenue of $68.3 billion and net income of $4.0 billion. The company’s market capitalization stood at $60.5 billion as of the transaction date.