Delek US (NYSE: DK) EVP gets 9,842-share stock award
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Spiegel Reuven
Role
EVP, Special Projects
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,842 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,372 shares (Direct)
Footnotes (1)
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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.