Delek US (NYSE: DK) director sells 34K shares via Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek US Holdings director Ezra Uzi Yemin reported an open-market sale of 34,026 shares of common stock on May 4, 2026, at a weighted average price of $47.29 per share. The shares were sold indirectly through Yemin Investments, LP pursuant to a pre-arranged Rule 10b5-1 trading plan. Following this transaction, Yemin holds 447,795 shares indirectly through Yemin Investments, LP and 210,281 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 34,026 shares ($1,609,090)
Net Sell
2 txns
Insider
Yemin Ezra Uzi
Role
null
Sold
34,026 shs ($1.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 34,026 | $47.29 | $1.61M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 447,795 shares (Indirect, By Yemin Investments, LP);
Common Stock — 210,281 shares (Direct, null)
Footnotes (1)
- This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $47.00 per share to a high sale price of $47.93 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the reporting person agrees to provide the number of shares sold at each sale price.
Key Figures
Shares sold: 34,026 shares
Weighted average sale price: $47.29 per share
Price range of trades: $47.00–$47.93 per share
+3 more
6 metrics
Shares sold
34,026 shares
Open-market sale of common stock on May 4, 2026
Weighted average sale price
$47.29 per share
Aggregate price for multiple trades in the reported sale
Price range of trades
$47.00–$47.93 per share
Lowest and highest sale prices within the reported transaction
Indirect holdings after transaction
447,795 shares
Common stock held by Yemin Investments, LP after sale
Direct holdings after transaction
210,281 shares
Common stock held directly by Ezra Uzi Yemin
Net shares sold
34,026 shares
Net sell direction based on transaction summary
Key Terms
Rule 10b5-1, 10b5-1 plan, affirmative defense, weighted average sale price
4 terms
Rule 10b5-1 regulatory
"This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
10b5-1 plan regulatory
"This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
affirmative defense regulatory
"This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)."
weighted average sale price financial
"The price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $47.00 per share to a high sale price of $47.93 per share."
FAQ
What insider transaction did Delek US (DK) report for Ezra Uzi Yemin?
Delek US reported that director Ezra Uzi Yemin indirectly sold 34,026 shares of common stock. The sale occurred on May 4, 2026, through Yemin Investments, LP at a weighted average price of $47.29 per share, as disclosed in a Form 4 filing.
Was the recent Delek US (DK) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs designed to satisfy the affirmative defense conditions of Rule 10b5-1(c), reducing the significance of trade timing interpretations.
Is the Delek US (DK) insider transaction a direct or indirect holding change?
The 34,026-share sale involved an indirect holding, executed by Yemin Investments, LP. The Form 4 identifies this position as indirect ownership, while a separate entry shows 210,281 shares held directly by Ezra Uzi Yemin with no buy or sell activity reported in that line.