Delta Air Lines Form4 Filing Shows President Glen Hauenstein Sold 75,000 Shares Of Common Stock At An Average Price Of $58.30
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Delta Air Lines' President Glen Hauenstein sold 75,000 shares of common stock at an average price of $58.30, as per a recent SEC Form 4 filing.
November 01, 2024 | 8:54 pm
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Delta Air Lines' President Glen Hauenstein sold 75,000 shares of the company's stock at an average price of $58.30, according to an SEC Form 4 filing.
The sale of a significant number of shares by a company insider, such as the President, can be perceived negatively by the market as it may indicate a lack of confidence in the company's future stock performance. This could lead to a short-term decline in Delta's stock price.
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