Delek US director plans sale of 27,688 shares
Rhea-AI Filing Summary
Delek US Holdings, Inc. (symbol DK) received a Rule 144 notice from director Gary M. Sullivan Jr., for whose account up to 27,688 shares of common stock held at Fidelity Brokerage Services LLC may be sold. The filing lists these shares as having an aggregate market value of $1,910,832.64, with 61,232,174 shares of common stock outstanding and a proposed sale date of August 24, 2026 on the NYSE. The shares derive from multiple restricted stock vesting awards granted as compensation between March 2018 and June 2025.
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Key Figures
Shares to be sold under Rule 144: 27,688 shares
Aggregate market value of securities to be sold: $1,910,832.64
Shares outstanding: 61,232,174 shares
+1 more
4 metrics
Shares to be sold under Rule 144
27,688 shares
Common stock of Delek US Holdings, Inc. proposed for sale
Aggregate market value of securities to be sold
$1,910,832.64
Value of the 27,688 Delek US Holdings, Inc. shares covered by the notice
Shares outstanding
61,232,174 shares
Delek US Holdings, Inc. common stock outstanding as listed in the notice
Proposed sale date
08/24/2026
Date on which the covered Delek US Holdings, Inc. shares may be sold
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 03/10/2018 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Gary Sullivan Jr."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Delek US Holdings, Inc. (DK)?
It discloses that director Gary M. Sullivan Jr. filed a Rule 144 notice covering up to 27,688 shares of Delek US Holdings, Inc. common stock, held at Fidelity Brokerage Services LLC, with a proposed sale date of August 24, 2026 on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.