Delek US CEO sells 80,000 shares in 10b5-1 plan
Rhea-AI Filing Summary
Delek US Holdings, Inc. (DK) reported that President & CEO Avigal Soreq sold a total of 80,000 shares of common stock on 2026-08-17 in four open‑market transactions under a Rule 10b5-1 trading plan. The weighted average sale prices were $64.383 for 4,603 shares, $65.351 for 4,623 shares, $66.616 for 57,700 shares, and $67.202 for 13,074 shares, with each price representing a weighted average over multiple trades within the disclosed intraday price ranges. A footnote states these trades were made pursuant to a 10b5‑1 plan intended to satisfy the affirmative defense conditions of Rule 10b5‑1(c) and that these transactions complete this plan.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 80,000 shares
Net Sell
4 txns
Insider
Soreq Avigal
Role
President & CEO
Sold
80,000 shs ($5.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 4,603 | $64.383 | $296K |
| Sale | Common Stock F1, F3 | 4,623 | $65.351 | $302K |
| Sale | Common Stock F1, F4 | 57,700 | $66.616 | $3.84M |
| Sale | Common Stock F1, F5 | 13,074 | $67.202 | $879K |
Holdings After Transaction:
Common Stock — 231,486 shares (Direct)
Footnotes (5)
- F1. This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). These transactions complete this plan.
- F2. This price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $63.985 per share to a high sale price of $64.950 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the reporting person agrees to provide the number of shares sold at each sale price.
- F3. This price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $65.010 per share to a high sale price of $65.990 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the reporting person agrees to provide the number of shares sold at each sale price.
- F4. This price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $66.135 per share to a high sale price of $67.130 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the reporting person agrees to provide the number of shares sold at each sale price.
- F5. This price reflects the weighted average sale price of multiple transactions ranging from a low sale price of $67.135 per share to a high sale price of $67.340 per share. Upon the written request of the SEC, the Issuer or a security holder of the Issuer, the reporting person agrees to provide the number of shares sold at each sale price.
Key Figures
Total shares sold: 80,000 shares
Block sale 1: 4,603 shares at $64.383 per share
Block sale 2: 4,623 shares at $65.351 per share
+4 more
7 metrics
Total shares sold
80,000 shares
Aggregate common stock shares sold by Avigal Soreq on 2026-08-17
Block sale 1
4,603 shares at $64.383 per share
Open-market sale of common stock on 2026-08-17 (weighted average price)
Block sale 2
4,623 shares at $65.351 per share
Open-market sale of common stock on 2026-08-17 (weighted average price)
Block sale 3
57,700 shares at $66.616 per share
Open-market sale of common stock on 2026-08-17 (weighted average price)
Block sale 4
13,074 shares at $67.202 per share
Open-market sale of common stock on 2026-08-17 (weighted average price)
Price range block 1
$63.985–$64.950 per share
Intraday price range underlying the $64.383 weighted average sale price
Price range block 3
$66.135–$67.130 per share
Intraday price range underlying the $66.616 weighted average sale price
Key Terms
Rule 10b5-1 plan, affirmative defense conditions of Rule 10b5-1(c), weighted average sale price, open market or private transaction
4 terms
Rule 10b5-1 plan regulatory
"This transaction was made pursuant to a 10b5-1 plan and is intended"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
affirmative defense conditions of Rule 10b5-1(c) regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
weighted average sale price financial
"This price reflects the weighted average sale price of multiple transactions"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did Delek US (DK) report for CEO Avigal Soreq on August 17, 2026?
Delek US reported that CEO Avigal Soreq sold 80,000 shares of common stock on 2026-08-17 in four open-market transactions under a Rule 10b5-1 trading plan, with each sale executed at a disclosed weighted average price.
Was the August 17, 2026 Delek US (DK) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), and notes that these transactions complete the plan.
Do the Form 4 footnotes for Delek US (DK) provide price ranges for the CEO’s August 17, 2026 sales?
Yes. Each weighted average price is based on multiple trades within ranges: from $63.985–$64.950, $65.010–$65.990, $66.135–$67.130, and $67.135–$67.340 per share, with the CEO agreeing to provide detailed breakdowns upon written request.
Does the latest Delek US (DK) Form 4 disclose the CEO’s holdings after the August 17, 2026 sales?
The Form 4 reports the 80,000 shares sold and related prices but does not provide a populated figure for total shares following the transactions, so post-transaction holdings are not detailed in this data set.
AI-generated analysis. How Rhea-AI works. Not financial advice.