Delek US (NYSE: DK) EVP exercises stock and withholds shares for taxes

Rhea-AI Filing Summary

Delek US Holdings executive vice president of special projects Reuven Spiegel reported paired equity award transactions in common stock. He exercised or converted derivative awards into 79,998 shares at $38.11 per share, then had 31,579 shares withheld to cover taxes, leaving 68,530 shares held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Spiegel Reuven

(Last) (First) (Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD TN 37027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Delek US Holdings, Inc. [ DK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Special Projects

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		M		79,998	A	$38.11	100,109	D
Common Stock	02/27/2026		F(1)		31,579	D	$38.11	68,530	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did Delek US (DK) EVP Reuven Spiegel report?

Reuven Spiegel reported exercising derivative equity awards into 79,998 shares of Delek US common stock at $38.11 per share. He also reported a related tax-withholding disposition of 31,579 shares, both dated February 27, 2026.

How many Delek US (DK) shares does Reuven Spiegel hold after these Form 4 transactions?

After the reported transactions, Reuven Spiegel directly owns 68,530 shares of Delek US common stock. This figure reflects the net position following the exercise of derivative awards and the tax-withholding share disposition on February 27, 2026.

Was the Delek US (DK) insider disposition an open-market sale?

The disposition was not an open-market sale. It is coded “F” for tax withholding and described as payment of exercise price or tax liability by delivering securities, with a footnote stating the 31,579 shares were withheld for tax purposes.

What price per share is reported in Reuven Spiegel’s Delek US (DK) Form 4?

Both the exercise and tax-withholding disposition reference a transaction price of $38.11 per share. This per-share value applies to the 79,998 exercised shares and the 31,579 shares withheld to satisfy tax obligations tied to equity awards.

What do the transaction codes M and F mean in this Delek US (DK) Form 4?

Code M represents the exercise or conversion of a derivative security into common stock, here involving 79,998 shares. Code F represents shares delivered or withheld, in this case 31,579 shares, to pay the exercise price or related tax liability.