Delek US EVP has 969 shares withheld for tax
EVP of Delek Logistics settled tax obligations by withholding 969 DK shares after equity vesting, retaining 27,966 shares.
Rhea-AI Filing Summary
Delek US Holdings, Inc. (DK) reported an insider tax-related share disposition by executive vice president Reuven Spiegel. On September 10, 2026, 969 shares of common stock were delivered or withheld at $74.89 per share to pay tax liabilities upon vesting of equity awards. After this withholding, Spiegel directly held 27,966 shares of Delek US common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 969 shares
Tax Withholding
1 txn
Insider
Spiegel Reuven
Role
EVP, Delek Logistics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 969 | $74.89 | $73K |
Holdings After Transaction:
Common Stock — 27,966 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for tax purposes upon vesting of equity awards.
Key Figures
Shares withheld for tax: 969 shares
Tax withholding price: $74.89 per share
Shares held after transaction: 27,966 shares
3 metrics
Shares withheld for tax
969 shares
Common stock used on September 10, 2026 to pay tax liabilities upon vesting
Tax withholding price
$74.89 per share
Value applied to the 969 shares used for tax withholding
Shares held after transaction
27,966 shares
Direct holdings of Delek US common stock by Reuven Spiegel after September 10, 2026
Key Terms
withheld for tax purposes, Payment of tax liability by delivering or withholding securities, equity awards
3 terms
withheld for tax purposes financial
"Represents shares withheld for tax purposes upon vesting of equity awards"
Payment of tax liability by delivering or withholding securities financial
"transaction described as Payment of tax liability by delivering or withholding securities"
equity awards financial
"Represents shares withheld for tax purposes upon vesting of equity awards"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Delek US (DK) report for Reuven Spiegel?
Delek US reported that EVP, Delek Logistics, Reuven Spiegel had 969 shares of common stock delivered or withheld on September 10, 2026 to pay tax liabilities related to vesting equity awards.
Was the Delek US (DK) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transaction was not made pursuant to a Rule 10b5-1 trading plan, and instead reflects shares withheld for tax purposes upon vesting of equity awards.
Does the Form 4 for DK indicate a market sale by Reuven Spiegel?
No. The Form 4 shows a code F transaction where 969 shares were withheld or delivered to satisfy tax liabilities on vesting equity awards, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.