Tax withholding reduces Delek US (NYSE: DK) EVP McWatters' shares

Rhea-AI Filing Summary

Delek US Holdings EVP and General Counsel Denise Clark McWatters reported a tax-related share disposition tied to equity compensation. On this Form 4, 3,496 shares of common stock were withheld at $48.01 per share to cover taxes upon vesting of equity awards. After this withholding, she directly owns 70,700 shares of Delek US common stock, reflecting a routine compensation and tax-settlement event rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McWatters Denise Clark

Role EVP, Gen Counsel & Corp Sec

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,496	$48.01	$168K

Holdings After Transaction: Common Stock — 70,700 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 3,496 shares Withholding price per share: $48.01 per share Shares owned after transaction: 70,700 shares

3 metrics

Shares withheld for taxes 3,496 shares Tax-withholding disposition on equity award vesting

Withholding price per share $48.01 per share Value used for tax-withholding shares

Shares owned after transaction 70,700 shares Direct ownership after tax withholding

Key Terms

tax-withholding disposition, equity awards, Common Stock, Form 4

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

equity awards financial

"shares withheld for tax purposes upon vesting of equity awards"

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

McWatters Denise Clark

(Last) (First) (Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD TENNESSEE 37027

(City) (State) (Zip)

UNITED STATES

(Country)

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, Gen Counsel & Corp Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

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

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

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	06/10/2026		F(1)		3,496	D	$48.01	70,700	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	06/12/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Delek US (DK) report for Denise Clark McWatters?

Delek US reported that EVP and General Counsel Denise Clark McWatters had 3,496 common shares withheld for taxes. This occurred upon vesting of equity awards and represents a tax-settlement event, not an open-market purchase or sale of Delek US (DK) stock.

How many Delek US (DK) shares were withheld for taxes in this Form 4?

The Form 4 shows 3,496 Delek US common shares were withheld for tax purposes. The shares were valued at $48.01 each and relate to the vesting of equity awards, a standard mechanism to satisfy tax obligations on compensation.

Did the Delek US (DK) executive sell shares in the open market?

No, the filing indicates a tax-withholding disposition, not an open-market sale. Shares were withheld by Delek US to cover tax liabilities when equity awards vested, which is a mechanical compensation-related transaction rather than a discretionary trade in DK stock.

How many Delek US (DK) shares does Denise Clark McWatters own after this transaction?

After the tax-withholding transaction, Denise Clark McWatters directly owns 70,700 Delek US common shares. This figure reflects her remaining stake following the withholding of 3,496 shares for tax purposes related to vested equity compensation awards.

What does transaction code F mean in this Delek US (DK) Form 4?

Transaction code F represents payment of tax liability or exercise price by delivering securities. In this Delek US Form 4, it means 3,496 shares were withheld to satisfy taxes owed when equity awards vested for the reporting executive.