Last 12 months
Inside the activity.
0 purchase rows · 32 sale rows
Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.Monthly counts
| Month | Purchases | Sales |
|---|---|---|
| Nov 2025 | 0 | 0 |
| Dec 2025 | 0 | 0 |
| Jan 2026 | 0 | 8 |
| Feb 2026 | 0 | 10 |
| Mar 2026 | 0 | 0 |
| Apr 2026 | 0 | 2 |
| May 2026 | 0 | 6 |
| Jun 2026 | 0 | 0 |
| Jul 2026 | 0 | 0 |
| Aug 2026 | 0 | 6 |
| Sep 2026 | 0 | 0 |
| Oct 2026 | 0 | 0 |
Latest available
Insider transactions
Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Owner / reported role | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| February 01, 2021 Filed Feb 2, 2021 22:55 UTC |
Carter Peter WEVP and Chief Legal Officer
|
Tax withholdingCommon Stock | 2,058 | $37.82 | $77,833.56 |
DisclosureSEC source: 0001683168-21-000357 · ownership.xml · nonDerivative · entry 2 Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 110,679 F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 under Delta's 2019 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:55 UTC |
Carter Peter WEVP and Chief Legal Officer
|
Tax withholdingCommon Stock | 1,972 | $37.82 | $74,581.04 |
DisclosureSEC source: 0001683168-21-000357 · ownership.xml · nonDerivative · entry 1 Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 112,737 F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:57 UTC |
Chase Garrett L.Int Co-CFO SVP Bus Dev & FPA
|
Tax withholdingCommon Stock | 717 | $37.82 | $27,116.94 |
DisclosureSEC source: 0001683168-21-000359 · ownership.xml · nonDerivative · entry 3 Chase Garrett L. · CIK 0001832377 · Int Co-CFO SVP Bus Dev & FPA 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,971 F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:57 UTC |
Chase Garrett L.Int Co-CFO SVP Bus Dev & FPA
|
Tax withholdingCommon Stock | 657 | $37.82 | $24,847.74 |
DisclosureSEC source: 0001683168-21-000359 · ownership.xml · nonDerivative · entry 2 Chase Garrett L. · CIK 0001832377 · Int Co-CFO SVP Bus Dev & FPA 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,688 F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 under Delta's 2019 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:57 UTC |
Chase Garrett L.Int Co-CFO SVP Bus Dev & FPA
|
Tax withholdingCommon Stock | 968 | $37.82 | $36,609.76 |
DisclosureSEC source: 0001683168-21-000359 · ownership.xml · nonDerivative · entry 1 Chase Garrett L. · CIK 0001832377 · Int Co-CFO SVP Bus Dev & FPA 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,345 F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:53 UTC |
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
|
Tax withholdingCommon Stock | 717 | $37.82 | $27,116.94 |
DisclosureSEC source: 0001683168-21-000355 · ownership.xml · nonDerivative · entry 3 Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,170 F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:53 UTC |
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
|
Tax withholdingCommon Stock | 823 | $37.82 | $31,125.86 |
DisclosureSEC source: 0001683168-21-000355 · ownership.xml · nonDerivative · entry 2 Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,887 F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 under Delta's 2019 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:53 UTC |
Carroll William CInt Co-CFO & SVP, Fin & Cntlr
|
Tax withholdingCommon Stock | 968 | $37.82 | $36,609.76 |
DisclosureSEC source: 0001683168-21-000355 · ownership.xml · nonDerivative · entry 1 Carroll William C · CIK 0001777758 · Int Co-CFO & SVP, Fin & Cntlr 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 23,710 F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:51 UTC |
Bastian Edward HDirector · Chief Executive Officer
|
Tax withholdingCommon Stock | 10,577 | $37.82 | $400,022.14 |
DisclosureSEC source: 0001683168-21-000353 · ownership.xml · nonDerivative · entry 3 Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 310,596 F3 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2020 under Delta's 2020 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:51 UTC |
Bastian Edward HDirector · Chief Executive Officer
|
Tax withholdingCommon Stock | 12,329 | $37.82 | $466,282.78 |
DisclosureSEC source: 0001683168-21-000353 · ownership.xml · nonDerivative · entry 2 Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 321,173 F2 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 6, 2019 under Delta's 2019 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| February 01, 2021 Filed Feb 2, 2021 22:51 UTC |
Bastian Edward HDirector · Chief Executive Officer
|
Tax withholdingCommon Stock | 7,558 | $37.82 | $285,843.56 |
DisclosureSEC source: 0001683168-21-000353 · ownership.xml · nonDerivative · entry 1 Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 333,502 F1 · shares: Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2018 under Delta's 2018 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| January 25, 2021 Filed Jan 28, 2021 21:02 UTC |
BELLEMARE ALAINEVP & Pres. - International
|
GrantCommon Stock | 77,130 | $0.00 | $0.00 |
DisclosureSEC source: 0001683168-21-000297 · ownership.xml · nonDerivative · entry 1 BELLEMARE ALAIN · CIK 0001449365 · EVP & Pres. - International 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 77,130 F1 · shares: The shares represent a grant of restricted common stock to Mr. Bellemare, as approved by the Personnel & Compensation Committee of Delta's Board of Directors. Subject to the terms of the award, the restrictions on the shares will lapse in three equal installments on January 25, 2022, 2023 and 2024. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d). Read SEC document |
| December 04, 2020 Filed Dec 17, 2020 22:35 UTC |
Carter Peter WEVP and Chief Legal Officer
|
Tax withholdingCommon Stock | 671 | $42.36 | $28,423.56 |
DisclosureSEC source: 0001683168-20-004353 · ownership.xml · nonDerivative · entry 1 Carter Peter W · CIK 0001647706 · EVP and Chief Legal Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 114,709 F1 · shares: Shares withheld for payment of tax liability upon vesting of shares in connection with an award of restricted common stock granted on December 4, 2019. The withholding transaction was processed on December 15, 2020. This withholding was approved by the Personnel and Compensation Committee of Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| November 09, 2020 Filed Nov 12, 2020 12:30 UTC |
Jacobson Paul AEVP & CFO
|
SaleCommon Stock | 125,000 | $35.84 | $4,480,000.00 |
DisclosureSEC source: 0001683168-20-003823 · ownership.xml · nonDerivative · entry 1 Jacobson Paul A · CIK 0001543655 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 303,478 F1 · price: The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions at prices ranging from $35.810 to $35.925 per share. 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. Read SEC document |
| November 09, 2020 Filed Nov 12, 2020 12:30 UTC |
HAUENSTEIN GLEN WPresident
|
SaleCommon Stock | 51,955 | $36.90 | $1,917,243.41 |
DisclosureSEC source: 0001683168-20-003822 · ownership.xml · nonDerivative · entry 1 HAUENSTEIN GLEN W · CIK 0001193002 · President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 264,393 F1 · price: The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions at prices ranging from $36.89 to $36.94 per share. 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. Read SEC document |
| November 09, 2020 Filed Nov 12, 2020 12:30 UTC |
Smith Joanne DEVP & Chief People Officer
|
SaleCommon Stock | 13,532 | $36.81 | $498,045.26 |
DisclosureSEC source: 0001683168-20-003821 · ownership.xml · nonDerivative · entry 1 Smith Joanne D · CIK 0001620414 · EVP & Chief People Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 102,471 Read SEC document |
| October 22, 2020 Filed Oct 26, 2020 20:30 UTC |
Bastian Edward HDirector · Chief Executive Officer
|
SaleCommon Stock | 65,000 | $33.58 | $2,182,700.00 |
DisclosureSEC source: 0001683168-20-003536 · ownership.xml · nonDerivative · entry 1 Bastian Edward H · CIK 0001289878 · Director · Chief Executive Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 341,060 F1 · price: The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions at prices ranging from $33.54 to $33.62 per share. 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. Read SEC document |
| August 28, 2020 Filed Aug 31, 2020 20:30 UTC |
Jacobson Paul AEVP & CFO
|
SaleCommon Stock | 25,000 | $31.70 | $792,500.00 |
DisclosureSEC source: 0001683168-20-002913 · ownership.xml · nonDerivative · entry 1 Jacobson Paul A · CIK 0001543655 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 428,478 Read SEC document |
| August 14, 2020 Filed Aug 17, 2020 20:30 UTC |
Sear Steven MPres. Int'l & EVP Global Sales
|
SaleCommon Stock | 14,127 | $28.98 | $409,400.46 |
DisclosureSEC source: 0001683168-20-002784 · ownership.xml · nonDerivative · entry 1 Sear Steven M · CIK 0001666169 · Pres. Int'l & EVP Global Sales 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 83,938 Read SEC document |
| August 10, 2020 Filed Aug 12, 2020 20:30 UTC |
Jacobson Paul AEVP & CFO
|
SaleCommon Stock | 18,000 | $29.00 | $522,001.80 |
DisclosureSEC source: 0001683168-20-002644 · ownership.xml · nonDerivative · entry 1 Jacobson Paul A · CIK 0001543655 · EVP & CFO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 453,478 F1 · price: The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions at prices ranging from $29.00 to $29.01 per share. 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. Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:17 UTC |
Waller Kathy NDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002035 · ownership.xml · nonDerivative · entry 1 Waller Kathy N · CIK 0001469388 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 23,040 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:16 UTC |
Taylor David SDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002034 · ownership.xml · nonDerivative · entry 1 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,650 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award. The shares reported in this Form 4 represent the annual restricted stock award to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award. The shares reported in this Form 4 represent the annual restricted stock award to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:16 UTC |
Rial SergioDirector
|
Tax withholdingCommon Stock | 939 | $30.79 | $28,911.81 |
DisclosureSEC source: 0001683168-20-002033 · ownership.xml · nonDerivative · entry 2 Rial Sergio · CIK 0001502689 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 20,348 F2 · shares: Shares withheld for payment of tax liability upon vesting of the restricted stock award granted on June 20, 2019. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt under Rules 16b-3(d)(1) and 16b-3(e). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:16 UTC |
Rial SergioDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002033 · ownership.xml · nonDerivative · entry 1 Rial Sergio · CIK 0001502689 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 21,287 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:15 UTC |
Mattson George NDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002032 · ownership.xml · nonDerivative · entry 1 Mattson George N · CIK 0001559238 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 83,850 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:13 UTC |
JACKSON JEANNE PDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002031 · ownership.xml · nonDerivative · entry 1 JACKSON JEANNE P · CIK 0001179801 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,790 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:12 UTC |
HUERTA MICHAEL PDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002030 · ownership.xml · nonDerivative · entry 1 HUERTA MICHAEL P · CIK 0001432864 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,515 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:11 UTC |
EASTER WILLIAM H IIIDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002029 · ownership.xml · nonDerivative · entry 1 EASTER WILLIAM H III · CIK 0001275630 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,600 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:11 UTC |
DEWALT DAVID GDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002027 · ownership.xml · nonDerivative · entry 1 DEWALT DAVID G · CIK 0001228853 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 60,410 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:10 UTC |
Carter Ashton BDirector
|
GrantCommon Stock | 5,690 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002026 · ownership.xml · nonDerivative · entry 1 Carter Ashton B · CIK 0001720660 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,690 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| June 18, 2020 Filed Jun 22, 2020 21:08 UTC |
BLAKE FRANCIS SDirector
|
GrantCommon Stock | 9,910 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001683168-20-002025 · ownership.xml · nonDerivative · entry 1 BLAKE FRANCIS S · CIK 0001194702 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 63,245 F1 · shares: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. Delta's non-executive chairman of the Board also receives an annual restricted stock award of $130,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). F1 · price: Non-employee members of Delta's Board of Directors receive an annual restricted stock award of $175,000. Delta's non-executive chairman of the Board also receives an annual restricted stock award of $130,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 18, 2020. The shares were acquired in a transaction exempt under Rule 16b-3(d). Read SEC document |
| May 04, 2020 Filed May 5, 2020 21:19 UTC |
Taylor David SDirector
|
PurchaseCommon Stock | 2,500 | $21.95 | $54,874.50 |
DisclosureSEC source: 0001683168-20-001398 · ownership.xml · nonDerivative · entry 2 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,960 Read SEC document |
| May 04, 2020 Filed May 5, 2020 21:19 UTC |
Taylor David SDirector
|
PurchaseCommon Stock | 500 | $21.95 | $10,975.00 |
DisclosureSEC source: 0001683168-20-001398 · ownership.xml · nonDerivative · entry 1 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 8,460 Read SEC document |
| April 30, 2020 Filed May 4, 2020 22:29 UTC |
Samant Rahul DEVP & Chief Info Officer
|
SaleCommon Stock | 7,475 | $26.72 | $199,694.63 |
DisclosureSEC source: 0001683168-20-001388 · ownership.xml · nonDerivative · entry 1 Samant Rahul D · CIK 0001726120 · EVP & Chief Info Officer 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 55,651 F1 · balance_after: Reflects the reporting person's transfer of 9,846 shares of Delta common stock to his former spouse pursuant to a domestic relations order. Read SEC document |
| April 23, 2020 Filed Apr 27, 2020 21:13 UTC |
JACKSON JEANNE PDirector
|
PurchaseCommon Stock | 880 | $22.72 | $19,993.51 |
DisclosureSEC source: 0001683168-20-001295 · ownership.xml · nonDerivative · entry 5 JACKSON JEANNE P · CIK 0001179801 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 880 F4 · balance_after: These shares are held in trust for the benefit of the reporting person's daughter of which the reporting person is a trustee. Read SEC document |
| April 23, 2020 Filed Apr 27, 2020 21:13 UTC |
JACKSON JEANNE PDirector
|
PurchaseCommon Stock | 880 | $22.72 | $19,993.51 |
DisclosureSEC source: 0001683168-20-001295 · ownership.xml · nonDerivative · entry 4 JACKSON JEANNE P · CIK 0001179801 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 880 F3 · balance_after: These shares are held in trust for the benefit of the reporting person's son of which the reporting person is a trustee. Read SEC document |
| April 23, 2020 Filed Apr 27, 2020 21:13 UTC |
JACKSON JEANNE PDirector
|
PurchaseCommon Stock | 1,750 | $22.72 | $39,759.83 |
DisclosureSEC source: 0001683168-20-001295 · ownership.xml · nonDerivative · entry 3 JACKSON JEANNE P · CIK 0001179801 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 1,750 F2 · balance_after: These shares are held in trust for the benefit of the reporting person's children of which the reporting person is a trustee. Read SEC document |
| April 23, 2020 Filed Apr 27, 2020 21:13 UTC |
JACKSON JEANNE PDirector
|
PurchaseCommon Stock | 22,000 | $22.72 | $499,837.80 |
DisclosureSEC source: 0001683168-20-001295 · ownership.xml · nonDerivative · entry 2 JACKSON JEANNE P · CIK 0001179801 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Trust Disclosed balance after: 22,000 F1 · balance_after: These shares are held in a trust of which the reporting person and her husband are trustees and beneficiaries. Read SEC document |
| April 02, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 49,303 | $24.53 | $1,209,476.54 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 6 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 58,900,759 F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.51 to $24.625. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 7 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| April 02, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 2,461,432 | $23.86 | $58,727,306.09 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 5 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 58,950,062 F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.51 to $24.505. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 6 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| April 02, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 2,727,703 | $22.96 | $62,640,608.31 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 4 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 61,411,494 F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.51 to $23.505. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 5 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| April 01, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 669,041 | $26.04 | $17,419,686.71 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 3 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 64,139,197 F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.695 to $26.44. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 4 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| April 01, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 3,244,166 | $25.27 | $81,989,482.90 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 2 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 64,808,238 F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.695 to $25.69. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 3 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| April 01, 2020 Filed Apr 3, 2020 21:02 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
SaleCommon Stock | 3,834,559 | $24.04 | $92,193,535.13 |
DisclosureSEC source: 0001209191-20-023250 · doc4.xml · nonDerivative · entry 1 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 68,052,404 F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.695 to $24.69. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (51,907,636) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| February 27, 2020 Filed Mar 2, 2020 21:30 UTC |
Taylor David SDirector
|
PurchaseCommon Stock | 1,000 | $46.26 | $46,260.00 |
DisclosureSEC source: 0001683168-20-000656 · ownership.xml · nonDerivative · entry 1 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 7,960 Read SEC document |
| February 27, 2020 Filed Mar 2, 2020 23:48 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
PurchaseCommon Stock | 161,860 | $47.14 | $7,630,760.21 |
DisclosureSEC source: 0001209191-20-014758 · doc4.xml · nonDerivative · entry 3 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 71,886,963 F4 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $47.03 to $47.25. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 4 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (64,893,840) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| February 27, 2020 Filed Mar 2, 2020 23:48 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
PurchaseCommon Stock | 607,163 | $46.51 | $28,241,397.63 |
DisclosureSEC source: 0001209191-20-014758 · doc4.xml · nonDerivative · entry 2 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 71,725,103 F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $46.03 to $47.02. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 3 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (64,893,840) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| February 27, 2020 Filed Mar 2, 2020 23:48 UTC |
BERKSHIRE HATHAWAY INC10% owner
BUFFETT WARREN E10% owner
|
PurchaseCommon Stock | 207,484 | $45.48 | $9,436,330.82 |
DisclosureSEC source: 0001209191-20-014758 · doc4.xml · nonDerivative · entry 1 BERKSHIRE HATHAWAY INC · CIK 0001067983 · 10% owner BUFFETT WARREN E · CIK 0000315090 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See Footnote Disclosed balance after: 71,117,940 F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $45.03 to $46.025. The Reporting Persons undertake to provide Delta Air Lines, Inc., any security holder of Delta Air Lines, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. F2 · ownership.nature: The total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (64,893,840) and Government Employees Insurance Company (6,993,123). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Read SEC document |
| February 25, 2020 Filed Feb 26, 2020 21:30 UTC |
Taylor David SDirector
|
PurchaseCommon Stock | 1,700 | $51.31 | $87,232.10 |
DisclosureSEC source: 0001683168-20-000586 · ownership.xml · nonDerivative · entry 3 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,960 Read SEC document |
| February 25, 2020 Filed Feb 26, 2020 21:30 UTC |
Taylor David SDirector
|
PurchaseCommon Stock | 300 | $51.32 | $15,394.50 |
DisclosureSEC source: 0001683168-20-000586 · ownership.xml · nonDerivative · entry 2 Taylor David S · CIK 0001505989 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,260 Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.