Delek US (DK) EVP Robert Wright exercises awards, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek US Holdings EVP Robert G. Wright reported equity compensation activity involving the company’s common stock. On February 27, 2026, he acquired 35,550 shares of common stock at $38.11 per share through the exercise or conversion of a derivative security. On the same date, 14,110 shares of common stock were disposed of at $38.11 per share to satisfy tax obligations, with the filing noting these shares were withheld for tax purposes upon vesting of equity awards, rather than sold in the open market. After these transactions, Wright directly owned 52,421 common shares of Delek US Holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wright Robert G.
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 35,550 | $38.11 | $1.35M |
| Tax Withholding | Common Stock | 14,110 | $38.11 | $538K |
Holdings After Transaction:
Common Stock — 66,531 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Delek US (DK) EVP Robert G. Wright report?
Robert G. Wright reported exercising equity awards and related tax withholding. He acquired 35,550 Delek US common shares at $38.11 per share and had 14,110 shares withheld at the same price to cover tax obligations tied to vesting equity awards.
What was the price used for Robert G. Wright’s Delek US (DK) Form 4 transactions?
Both the acquisition and tax-withholding entries used a price of $38.11 per Delek US share. This price applied to the 35,550 shares acquired through derivative exercise and the 14,110 shares withheld to satisfy tax liabilities from vesting equity awards.
What does the tax-withholding disposition mean in Delek US (DK) EVP Wright’s filing?
The tax-withholding disposition reflects shares withheld to cover tax due on vesting equity awards. In Wright’s case, 14,110 shares of Delek US common stock were withheld at $38.11 per share, rather than being sold voluntarily on the open market by the executive.
What transaction codes appear in Robert G. Wright’s Delek US (DK) Form 4?
The Form 4 lists code M for the exercise or conversion of a derivative security and code F for shares withheld to pay exercise price or tax liabilities. These codes describe equity award activity and related tax withholding, not discretionary trading decisions.