Delek US (DK) Insider Withholding: 2,492 Shares Tax-Settled

Rhea-AI Filing Summary

Israel Joseph, EVP, Refining and Renewables at Delek US Holdings, Inc. (DK), reported a non-derivative disposition on 09/10/2025 where 2,492 shares of common stock were disposed of at $29.71 per share under transaction code F(1). The form states these shares were withheld for tax purposes upon vesting of equity awards. After the transaction, the reporting person beneficially owned 82,821 shares, held directly. The Form 4 was signed by an attorney-in-fact, Misty Lavender, on 09/12/2025. The filing appears to be a routine compensation-related withholding rather than an open-market sale.

Positive

• Disclosure is clear that the shares were withheld for tax purposes upon vesting, which aids transparency.
• Reporting person retains a substantial equity stake with 82,821 shares beneficially owned after the transaction.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine tax withholding on vested equity; no change to control and no unusual insider selling.

This Form 4 reports a standard withholding event under code F(1), which typically occurs when equity awards vest and shares are retained to satisfy tax obligations. The reported disposal of 2,492 shares at $29.71 reduced the reporting person's direct holdings to 82,821 shares. There is no indication of voluntary open-market selling or a change in ownership structure. For governance monitoring, this is a routine compensation administration disclosure with limited investor impact.

Compensation/Equity Plan Analyst

TL;DR: Transaction aligns with equity award vesting mechanics; reflects compensation realization and tax settlement.

The filing explicitly explains the shares were withheld for tax purposes upon vesting, consistent with common collateral tax-satisfaction provisions in stock award plans. The price per share of $29.71 reflects the withholding valuation on the transaction date. The remaining direct beneficial ownership of 82,821 shares indicates substantial continued equity stake. This is a routine compensation settlement and not a signal of portfolio reallocation by the executive.

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^*

Israel Joseph

(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)
	EVP, Refining and Renewables

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

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	09/10/2025		F(1)		2,492	D	$29.71	82,821	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. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	09/12/2025
	** 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 Israel Joseph report on the Form 4 for Delek US Holdings (DK)?

He reported a disposition of 2,492 common shares on 09/10/2025 at $29.71 per share, marked with transaction code F(1).

Why were the 2,492 shares disposed of according to the filing?

The filing explains the shares were withheld for tax purposes upon vesting of equity awards.

How many shares does Israel Joseph beneficially own after this transaction?

He beneficially owns 82,821 shares following the reported transaction.

When was the Form 4 signed and by whom?

The Form 4 was signed by attorney-in-fact Misty Lavender on 09/12/2025.

Does this Form 4 indicate an open-market sale by the insider?

No. The transaction code F(1) and the explanation state the shares were withheld for taxes upon vesting, not sold in the open market.