Form 4: DK officer disposition reduces stake to 48,294 shares

Rhea-AI Filing Summary

Delek US Holdings insider sale by SVP & Deputy CFO: The reporting person sold 7,135 shares of Delek US Holdings (DK) at a weighted average price of $29.24 per share, with reported sale prices ranging from $29.18 to $29.26. After the sale the reporting person beneficially owned 48,294 shares of common stock. The Form 4 indicates the transaction was a direct sale and provides an explanation that the price is a weighted average of multiple transactions.

Positive

• Reporting compliance: The officer filed a Form 4 disclosing the transaction, satisfying Section 16 reporting obligations
• Substantial retained ownership: Reporting person continues to beneficially own 48,294 shares after the sale

Negative

• Insider sale: Disposition of 7,135 shares reduces the officer's stake
• No 10b5-1 plan referenced: The filing does not indicate the sale was under a pre-established written plan

Insights

Financial Analyst

TL;DR: Insider sold a modest stake at market prices; ownership remains meaningful but the sale appears routine.

The sale of 7,135 shares at a weighted average of $29.24 reduces the officer's stake while leaving 48,294 shares beneficially owned. There is no indication in this filing of option exercises, derivative transactions, planned trading program, or change in role. The transaction sizes and prices suggest open-market disposition rather than a company-led event, implying limited immediate financial impact on the issuer.

Corporate Governance Expert

TL;DR: A routine disclosure of an officer sale; governance implications are limited absent related filings or context.

The filing shows compliance with Section 16 reporting requirements and includes the required explanatory note about weighted average pricing. Because this Form 4 reports a direct sale and does not reference a Rule 10b5-1 plan or other mitigating arrangements, investors may view it as a standard personal liquidity action by an officer rather than a governance red flag. No additional governance issues are evident within this document.

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^*

Wright Robert G.

(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)
	SVP & Deputy CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		S		7,135	D	$29.24(1)	48,294	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. The price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $29.18 per share to a high sale price of $29.26 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.

Remarks:

	/s/ Robert G. Wright	09/04/2025
	** 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.

FAQ

What did Delek US Holdings (DK) insider Robert G. Wright do?

The reporting person sold 7,135 shares of DK common stock at a weighted average price of $29.24 per share.

How many Delek US Holdings shares does the reporting person own after the transaction?

After the reported sale the reporting person beneficially owned 48,294 shares of common stock.

Was the sale executed at a single price or multiple prices?

The sale occurred at multiple prices; the weighted average was $29.24 with individual sale prices ranging from $29.18 to $29.26.

Did the Form 4 indicate the sale was part of a Rule 10b5-1 trading plan?

No. The Form 4 does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan.

Is there any derivative or option activity reported in this filing?

No. Table II (derivative securities) contains no reported transactions in this filing.