Delek US (NYSE: DK) EVP has 1,024 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek US Holdings EVP Robert G. Wright reported a routine tax-related share disposition. On the vesting of equity awards, 1,024 shares of common stock were withheld to cover tax obligations at an indicated value of $46.55 per share. After this withholding, Wright directly holds 47,124 shares of Delek US common stock, and the filing shows no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wright Robert G.
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,024 | $46.55 | $48K |
Holdings After Transaction:
Common Stock — 47,124 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 1,024 shares
Implied share value: $46.55 per share
Shares held after transaction: 47,124 shares
3 metrics
Shares withheld for taxes
1,024 shares
Tax withholding on equity award vesting
Implied share value
$46.55 per share
Value used for tax-withholding disposition
Shares held after transaction
47,124 shares
Direct holdings following tax withholding
Key Terms
tax-withholding disposition, equity awards, Form 4, Common Stock
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
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.
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.
FAQ
What did Delek US (DK) EVP Robert G. Wright report in this Form 4?
Executive Vice President Robert G. Wright reported a tax-related share disposition. Delek US withheld 1,024 common shares upon vesting of equity awards to satisfy tax obligations, rather than an open-market sale, leaving him with 47,124 directly held shares.
Was the Delek US (DK) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 identifies the code F transaction as shares withheld for tax purposes when equity awards vested, meaning the company retained 1,024 shares to cover Wright’s tax liability.
What does transaction code F mean in the Delek US (DK) Form 4?
Transaction code F on this Form 4 indicates payment of a tax liability by delivering securities. For Delek US EVP Robert G. Wright, 1,024 common shares were withheld at $46.55 per share when equity awards vested to satisfy his tax obligations.