Delek US (NYSE: DK) EVP Wright has 846 shares withheld for tax on equity vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek US Holdings EVP Robert G. Wright reported a small tax-related share disposition. On the vesting of equity awards, 846 shares of Delek US Holdings common stock were withheld at a price of $48.01 per share to cover tax obligations. After this non-market transaction, he directly holds 46,278 shares.
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 | 846 | $48.01 | $41K |
Holdings After Transaction:
Common Stock — 46,278 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 846 shares
Tax withholding share value: $48.01 per share
Shares held after transaction: 46,278 shares
3 metrics
Shares withheld for taxes
846 shares
Tax-withholding disposition on equity award vesting
Tax withholding share value
$48.01 per share
Valuation of withheld Delek US common stock
Shares held after transaction
46,278 shares
Direct holdings of Robert G. Wright following tax withholding
Key Terms
tax-withholding disposition, equity awards, Common Stock
3 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.
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) executive Robert G. Wright report in this Form 4?
Robert G. Wright reported a tax-withholding disposition of 846 shares of Delek US common stock. The shares were withheld upon vesting of equity awards to satisfy tax obligations, rather than sold in the open market.