Delek US (DK) EVP Amber Russell receives 42,798 time-vesting RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Russell Amber reported acquisition or exercise transactions in this Form 4 filing.
Delek US Holdings, Inc. Executive Vice President of Refining Amber Russell reported an equity compensation award. Russell received 42,798 shares of common stock on a grant basis, reflected at $0.00 per share, as part of a time-vesting restricted stock unit award.
The RSUs vest over three years, meaning the shares are earned gradually if continued service conditions are met. Following this grant, Russell’s reported direct ownership is 42,798 shares, and there are no derivative (option or similar) positions shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Amber
Role
EVP, Refining
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,798 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,798 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 42,798 shares
Grant price per share: $0.00 per share
Shares owned after grant: 42,798 shares
+1 more
4 metrics
RSU grant size
42,798 shares
Time-vesting restricted stock units granted to EVP, Refining
Grant price per share
$0.00 per share
Equity compensation award, not an open-market purchase
Shares owned after grant
42,798 shares
Total direct common stock holdings following transaction
Vesting period
three years
Time-vesting schedule for restricted stock units
Key Terms
restricted stock units, time-vesting, Form 4, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents a grant of time-vesting restricted stock units that vest over three years."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-vesting financial
"Represents a grant of time-vesting restricted stock units that vest over three years."
Time-vesting is a schedule that gives someone the right to a stock option, restricted share, or other award gradually over a set period rather than all at once; the recipient only “earns” portions of the grant as time passes. For investors, time-vesting matters because it affects when new shares can enter the market, how long employees have incentives to stay and perform, and the timing of potential dilution or insider selling—think of it like receiving paychecks of ownership instead of a lump-sum grant.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Delek US (DK) report for Amber Russell?
Amber Russell, EVP of Refining at Delek US, reported an equity compensation award of 42,798 common shares. The award was granted at $0.00 per share as restricted stock units that vest over three years, rather than being purchased on the open market.
What type of equity award did Delek US (DK) grant to Amber Russell?
Delek US granted Amber Russell time-vesting restricted stock units representing 42,798 shares. These RSUs vest over three years, meaning the shares are delivered gradually as vesting conditions are met, rather than all at once on the grant date.
Was the Delek US (DK) insider transaction a stock purchase or compensation grant?
The transaction was a compensation grant, not a stock purchase. The Form 4 shows an "A" code for grant or award and a price of $0.00 per share, indicating time-vesting restricted stock units rather than an open-market buy or sell transaction.
Over what period do Amber Russell’s Delek US (DK) restricted stock units vest?
Amber Russell’s restricted stock units vest over three years. This means the 42,798-share award becomes fully earned gradually during that timeframe, assuming vesting conditions such as continued employment with Delek US are satisfied throughout the period.