It remains an open question whether LLMs can acquire or generalize genuinely new reasoning strategies, beyond the sharpened skills encoded in their parameters during pre-training or post-training. To attempt to answer this debate, we introduce DELTA-Code -- Distributional Evaluation of Learnability and Transferrability in Algorithmic Coding -- a controlled benchmark of synthetic coding problem families designed to probe two fundamental aspects: learnability -- can LLMs, through reinforcement learning (RL), solve problem families where pretrained models exhibit failure with large enough attempts (pass@K=0)? -- and transferrability -- if learnability happens, can such skills transfer systematically to out-of-distribution (OOD) test sets? Unlike prior public coding datasets, DELTA isolates reasoning skills through templated problem generators and introduces fully OOD problem families that demand novel strategies rather than tool invocation or memorized patterns. Our experiments reveal a striking grokking phase transition: after an extended period with near-zero reward, RL-trained models abruptly climb to near-perfect accuracy. To enable learnability on previously unsolvable problem families, we explore key training ingredients such as staged warm-up with dense rewards, experience replay, curriculum training, and verification-in-the-loop. Beyond learnability, we use DELTA to evaluate transferability or generalization along exploratory, compositional, and transformative axes, as well as cross-family transfer. Results show solid gains within families and for recomposed skills, but persistent weaknesses in transformative cases. DELTA thus offers a clean testbed for probing the limits of RL-driven reasoning and for understanding how models can move beyond existing priors to acquire new algorithmic skills.