Insider Filing: Israel Joseph Disposes 353 DK Shares for Tax Withholding
Rhea-AI Filing Summary
Israel Joseph, Executive Vice President, Refining and Renewables at Delek US Holdings, Inc. (DK), reported a transaction on 09/09/2025 in which 353 shares of Delek US common stock were disposed at a price of $31.95 per share. After the reported disposition, the filing shows 84,960 shares beneficially owned directly by the reporting person. The filing states that the 353 shares were withheld for tax purposes upon vesting of equity awards. The Form 4 is signed by Denise McWatters on 09/11/2025. No derivative transactions, amendments, or joint filers are indicated.
Positive
- Disclosure is complete for the reported transaction, including date, price, and quantity
- Transaction clearly explained as shares withheld for tax purposes upon vesting, reducing ambiguity
Negative
- None.
Insights
TL;DR: Small, routine tax-withholding sale upon vesting; likely neutral to investor valuation.
The reported disposal of 353 shares at $31.95 appears to be a routine withholding for taxes tied to equity award vesting, explicitly stated in the filing. The remaining direct beneficial ownership of 84,960 shares provides context on the insider's ongoing stake size. There is no indication of additional sales, purchases, derivative activity, or unusual accelerations. Given the modest size of the disposition relative to total reported holdings, this transaction is unlikely to be material to company valuation.
TL;DR: Filing documents standard tax withholding on vested equity; compliance appears complete and timely.
The Form 4 identifies the reporting person and role, the transaction date, and provides the stated explanation that shares were withheld for tax purposes upon vesting. The form is individually filed and signed, meeting disclosure requirements under Section 16. There are no amendments or additional flags in the form that would suggest governance or disclosure concerns based on the provided content.