Delta Air Lines DEF 14A: Executive Pay & Governance
Ticker: DAL · Form: DEF 14A · Filed: 2024-04-26T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: DAL
TL;DR
Delta's 2024 DEF 14A is out, detailing exec pay and board stuff for 2023. Check it for governance and compensation details.
AI Summary
Delta Air Lines, Inc. filed its DEF 14A on April 26, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2023. The filing includes information on the company's board of directors, compensation committee, and the compensation of its named executive officers. It also provides details on the company's stock performance and dividend history.
Why It Matters
This filing provides crucial insights into how Delta Air Lines compensates its top executives and the governance structures in place, which can influence investor confidence and company strategy.
Risk Assessment
Risk Level: medium — DEF 14A filings can reveal significant information about executive compensation, potential conflicts of interest, and corporate governance practices that may impact a company's stock price and investor relations.
Key Numbers
- 2023 — Fiscal Year End (Reporting period for compensation and governance details.)
- 1231 — Fiscal Year End (Specific date for the fiscal year end.)
Key Players & Entities
- DELTA AIR LINES, INC. (company) — Filer
- 0001308179-24-000615 (filing_id) — Accession Number
- 20240426 (date) — Filing Date
- 20240620 (date) — Period of Report
- 30354-1989 (zip_code) — Business Address
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit proxies from shareholders for an upcoming annual or special meeting of security holders. It provides detailed information about matters to be voted on, including director elections, executive compensation, and other corporate governance issues.
When was this DEF 14A filing submitted by Delta Air Lines?
This DEF 14A filing was submitted by Delta Air Lines on April 26, 2024.
What is the reporting period covered by this filing?
The reporting period covered by this filing is for the fiscal year ending December 31, 2023, with the period of report being June 20, 2024.
Where is Delta Air Lines, Inc. headquartered?
Delta Air Lines, Inc. is headquartered at Hartsfield-Jackson Atlanta Intl Airport, 1030 Delta Boulevard, Atlanta, GA 30354-1989.
What is the SIC code for Delta Air Lines?
The Standard Industrial Classification (SIC) code for Delta Air Lines is 4512, which corresponds to 'AIR TRANSPORTATION, SCHEDULED'.
From the Filing
0001308179-24-000615.txt : 20240426 0001308179-24-000615.hdr.sgml : 20240426 20240426164752 ACCESSION NUMBER: 0001308179-24-000615 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 115 CONFORMED PERIOD OF REPORT: 20240620 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELTA AIR LINES, INC. CENTRAL INDEX KEY: 0000027904 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 580218548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05424 FILM NUMBER: 24884725 BUSINESS ADDRESS: STREET 1: HARTSFIELD-JACKSON ATLANTA INTL AIRPORT STREET 2: 1030 DELTA BOULEVARD CITY: ATLANTA STATE: GA ZIP: 30354-1989 BUSINESS PHONE: 4047152600 MAIL ADDRESS: STREET 1: 1030 DELTA BLVD. STREET 2: DEPT 981 CITY: ATLANTA STATE: GA ZIP: 30354 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR LINES INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR CORP DATE OF NAME CHANGE: 19660908 DEF 14A 1 ldal2024_def14a.htm DELTA AIR LINES INC - DEF 14A DELTA AIR LINES, INC. - DEF 14A false 0000027904 DEF 14A 0000027904 2023-01-01 2023-12-31 0000027904 2022-01-01 2022-12-31 0000027904 2021-01-01 2021-12-31 0000027904 2020-01-01 2020-12-31 0000027904 ecd:PeoMember dal:DeductAggregateChangeInActuarialPresentValueIncludedInSCTTotalForCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:DeductAggregateChangeInActuarialPresentValueIncludedInSCTTotalForCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:AddPensionValueAttributableToCoveredFiscalYearsServiceAndAnyChangeInPensionValueAttributableToPlanAmendmentsMadeInCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:AddPensionValueAttributableToCoveredFiscalYearsServiceAndAnyChangeInPensionValueAttributableToPlanAmendmentsMadeInCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:DeductAggregateValueOfStockAwardsAndOptionAwardsIncludedInSCTTotalForCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:DeductAggregateValueOfStockAwardsAndOptionAwardsIncludedInSCTTotalForCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:AddFairValueAtYearendOfAwardsGrantedDuringCoveredFiscalYearThatAreOutstandingAndUnvestedAsOfEndOfCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:AddFairValueAtYearendOfAwardsGrantedDuringCoveredFiscalYearThatAreOutstandingAndUnvestedAsOfEndOfCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:AddDeductChangeInFairValueAsOfEndOfCoveredFiscalYearfromEndOfPriorFiscalYearForAwardsGrantedInAnyPriorFiscalYearThatAreOutstandingAndUnvestedAtEndOfCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:AddDeductChangeInFairValueAsOfEndOfCoveredFiscalYearfromEndOfPriorFiscalYearForAwardsGrantedInAnyPriorFiscalYearThatAreOutstandingAndUnvestedAtEndOfCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:AddFairValueAtVestingDateForAwardsThatAreGrantedAndVestedInTheSameYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:AddFairValueAtVestingDateForAwardsThatAreGrantedAndVestedInTheSameYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:AddDeductChangeInFairValueAsOfVestingDatefromEndOfPriorFiscalYearOfAwardsGrantedInPriorFiscalYearsThatVestedAtEndOfOrDuringCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:NonPeoNeoMember dal:AddDeductChangeInFairValueAsOfVestingDatefromEndOfPriorFiscalYearOfAwardsGrantedInPriorFiscalYearsThatVestedAtEndOfOrDuringCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904 ecd:PeoMember dal:DeductFairValueAtEndOfPriorFiscalYearOfAwardsGrantedInAnyPriorFiscalYearThatFailedToMeetTheApplicableVestingConditionsDuringCoveredFiscalYearMember 2023-01-01 2023-12-31 0000027904