Delek US EVP granted 9,842 restricted shares
Spiegel Reuven reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Spiegel Reuven reported acquisition or exercise transactions in this Form 4 filing.
Delek US Holdings EVP, Special Projects Reuven Spiegel received a grant of 9,842 shares of common stock as a time-vesting restricted stock unit award that vests over three years. After this compensation-related grant, his direct holdings increased to 58,372 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,842 shares
Grant/Award
1 txn
Insider
Spiegel Reuven
Role
EVP, Special Projects
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,842 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 58,372 shares (Direct)
Footnotes (1)
- F1. Represents a grant of time-vesting restricted stock units that vest over three years.
FAQ
What did Delek US (DK) executive Reuven Spiegel report in this Form 4?
Reuven Spiegel reported receiving 9,842 shares of Delek US common stock as a time-vesting restricted stock unit grant. The award vests over three years and reflects equity-based compensation rather than an open-market stock purchase or sale.
Was the Delek US (DK) Form 4 transaction a stock purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant of 9,842 time-vesting restricted stock units awarded as compensation, with no price paid per share and vesting scheduled over a three-year period.
What are the terms of the restricted stock units granted at Delek US (DK)?
The reported restricted stock units represent a grant of 9,842 shares of common stock that vest over three years. The award is time-vesting, meaning Spiegel must satisfy service-based conditions across the vesting period for the shares to fully vest.
Does this Delek US (DK) Form 4 indicate any derivative securities activity?
No derivative securities activity is reported in this Form 4. The filing only shows a non-derivative transaction: a grant of 9,842 time-vesting restricted stock units tied to Delek US common stock, increasing Spiegel’s direct share holdings to 58,372.
AI-generated analysis. How Rhea-AI works. Not financial advice.