What does the 500-share correction mean in the Delek US (DK) Form 4 footnote?

The footnote states that beneficially owned securities increased by 500 shares to correct an inadvertent administrative error. This indicates a prior reporting or bookkeeping mistake was fixed, rather than reflecting a new purchase or sale of Delek US shares.

Delek US (NYSE: DK) director receives 3,436-share stock award and ownership correction

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sullivan Gary M Jr. reported acquisition or exercise transactions in this Form 4 filing.

Delek US Holdings director Gary M. Sullivan Jr. received an award of 3,436 shares of common stock on June 10, 2026 at a price of $48.01 per share. After this grant and an adjustment, he beneficially owns 59,692 shares directly.

A footnote explains that his beneficially owned shares were increased by 500 shares to correct an inadvertent administrative error, indicating a bookkeeping correction rather than an additional market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sullivan Gary M Jr.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,436	$48.01	$165K

Holdings After Transaction: Common Stock — 59,692 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Stock award size: 3,436 shares Award price per share: $48.01 per share Shares owned after transaction: 59,692 shares +1 more

4 metrics

Stock award size 3,436 shares Common stock grant on June 10, 2026

Award price per share $48.01 per share Value used for the stock grant

Shares owned after transaction 59,692 shares Total direct beneficial ownership following grant and correction

Administrative correction 500 shares Increase in beneficially owned shares to fix an error

Key Terms

Grant, award, or other acquisition, beneficially owned, non-derivative, Common Stock

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

beneficially owned financial

"Amount of securities beneficially owned is increased by 500 shares"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

non-derivative financial

"transaction_type: "non-derivative""

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 08:22 PM

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^*

Sullivan Gary M Jr.

(Last)

(First)

(Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD

TENNESSEE

37027

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Delek US Holdings, Inc. [ DK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		A		3,436	A	$48.01	59,692⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Amount of securities beneficially owned is increased by 500 shares to correct an inadvertent administrative error.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Delek US Holdings (DK) director Gary M. Sullivan Jr. report on this Form 4?

He reported receiving an award of 3,436 shares of Delek US Holdings common stock. This non-derivative acquisition reflects compensation rather than an open-market purchase, increasing his direct holdings and updating his total beneficial ownership position in the company.

At what price was the Delek US (DK) stock award to Gary M. Sullivan Jr. valued?

The 3,436-share award was valued at $48.01 per share. This figure represents the transaction price used for the grant and helps indicate the dollar value of the director’s equity-based compensation on the reported award date.

How many Delek US (DK) shares does Gary M. Sullivan Jr. hold after this Form 4 transaction?

After the reported grant and correction, he beneficially owns 59,692 shares of Delek US common stock directly. This total incorporates the 3,436-share award and a 500-share increase to correct an earlier administrative error in reported holdings.

Was the Delek US (DK) Form 4 transaction an open-market buy or a compensation award?

The filing shows a compensation-related award, not an open-market purchase. It uses transaction code “A” for a grant, award, or other acquisition, indicating shares were received as part of compensation rather than bought on the public market.