Alain Bellemare

EVP Alain Bellemare sold 25,000 DAL shares at $81.44 on 2026-05-27; stock up 16.9% in 30 days post-sale.

Alain Bellemare, EVP & President—International, sold 25,000 shares (20.8% of his pre-transaction holdings) for $2,036,000.00 on 2026-05-27 at $81.44 per share. Post-sale, Delta's stock has appreciated 16.9% over 30 days and 41.3% over 90 days, indicating the sale preceded a significant rally. Examining his historical pattern at Delta across 5 prior trades, only 1 of 4 measurable sales proved well-timed (stock fell after the sale); his cross-ticker track record shows a 33.33% well-timed rate on sells with an average 90-day return of +4.0% (meaning stocks typically rose after his sales). The most recent prior sale at DAL on 2026-05-07 has shown a +9.2% 30-day return, consistent with a pattern of selling ahead of gains rather than declines, though sample size remains limited.

EVP Alain Bellemare sells ~20,600 shares for $1.5M at Delta Air Lines, continuing a pattern of regular dispositions.

Alain Bellemare, EVP and President of International operations, sold approximately 20,600 shares, representing nearly 15% of his holdings. This is his seventh open-market sale in the past three years, following a consistent pattern of regular dispositions with no offsetting purchases. His prior sales at Delta show mixed timing results: one was well-timed (shares fell afterward), but four subsequent sales saw the stock rise after he exited, suggesting he has generally missed the better timing to hold or exit—though his most recent prior sale in early 2026 proved well-timed as the stock declined in the month that followed. The stock trades slightly below its recent highs but has recovered meaningfully from its lows over the past three months. Delta remains profitable with solid fundamentals, though the latest quarter showed a loss on declining revenue, which may provide context for ongoing management liquidations. Without evidence of other officers exiting simultaneously, this appears to reflect Bellemare's individual capital allocation rather than a broad confidence signal from the executive team.

EVP & Pres. - International Bellemare sells 35.2K DAL shares at $75.20, reducing holdings -20.3% to 138.2K shares.

Alain Bellemare, EVP & President of International operations, sold 35,212 shares at $75.20 on 2026-02-09, reducing his position by 20.3%. The sale occurred within 0.2% of the 52-week high of $75.35, near the top of the annual range, while the stock has appreciated 23.1% over the past 90 days and 3.0% over the past 30 days. His cross-ticker track record shows 5 prior sells with only 25.00% well-timed at the 90-day mark (where negative 90d returns indicate good timing for sells), whereas at DAL specifically, 1 of 4 prior measurable sales was well-timed at the 90-day mark. The company's fundamentals remain solid with a P/E of 10.50, $16.7B in latest quarterly revenue, and 6.2% annual revenue growth, though this sale does represent a meaningful reduction in Bellemare's concentrated equity stake at an elevated price level relative to the year's trading band.

DAL EVP Alain Bellemare sold 36,000 shares at $69.21 on 2026-01-15, reducing stake by 27.3% to 95.7K shares

Alain Bellemare, EVP & President of International Operations, divested 36,000 shares worth $2,491,560.00 at $69.21, a material reduction of 27.3% relative to his pre-transaction holdings of 131.7K shares. The sale occurred 2.6% below the 52-week high of $72.31, during a period when DAL stock has rallied 18.1% over the past 90 days and 1.0% over the past 30 days. Examining his same-ticker history at DAL, Bellemare has completed 4 prior sells with mixed timing results: 1 of 4 prior DAL sales were well-timed at the 90-day mark, suggesting limited historical predictive accuracy at this specific stock. His cross-ticker track record shows 25.00% of sells were well-timed (1 of 4), with average 90-day returns of +5.6%, indicating his sales have generally preceded stock rallies rather than declines. The sale alone does not conclusively signal deteriorating confidence in DAL's fundamentals—DAL trades at a P/E of 9.93 with positive operating trends including 6.2% annual revenue growth and strong recent profitability ($1.4B net income).

EVP Alain BelleMare sells 45,423 shares of DAL at $55.56 avg, reducing holdings by 25.6%

Alain BelleMare, EVP & President - International at Delta Air Lines, executed two separate sales totaling 45,423 shares for $2,523,683.60 on 2025-07-11, reducing his holdings from 177,154 shares to 131,731 shares—a 25.6% reduction in position size. The sales occurred at an average price of $55.56, while the stock currently trades at $58.11 and has appreciated 23.5% over the prior 30 days and 42.3% over 90 days. Across his cross-ticker track record, BelleMare's prior two sales were poorly-timed (50% well-timed rate at the 90-day mark, with an average 90-day return of +4.1% after selling), and at Delta specifically, his 2024-10-17 sell was followed by a +18.5% 90-day gain. The significance is muted because the sale occurs in a strong uptrend and there is no evidence of a planned trading program (10b5-1) flagged in the facts; the magnitude of the reduction and the executive's international leadership role warrant monitoring but do not constitute a high-conviction signal of fundamental concern.

EVP Bellemare sold 19,490 DAL shares at $55.26; retains 121,961 shares post-transaction

Bellemare sold 19,490 shares (13.8% reduction from prior holdings of 141,451 shares) at $55.26, realizing $1,076,978.42. The transaction occurred near the 52-week high of $56.31 (just 0.9% below peak), and his prior sale at DAL on 2024-04-23 followed a -10.3% 90-day return pattern—consistent with well-timed selling before a subsequent decline. His cross-ticker track record shows 100.00% well-timed rate on prior sells. Delta remains financially sound with $15.7B quarterly revenue, $1.3B net income, and a low 7.74 P/E, suggesting the sale is not driven by fundamental deterioration. The timing proximity to the 52-week high and the insider's demonstrated historical pattern of selling into strength warrant observation.