Delek US EVP sells 10,000 shares at $68.21
Delek US Holdings, Inc. (DK) reported that executive vice president, Special Projects, Reuven Spiegel filed a Form 4 for one open-market sale of 10,000 shares of common stock on August 18, 2026 at $68.21 per share.
Rhea-AI Filing Summary
Delek US Holdings, Inc. (DK) reported that executive vice president, Special Projects, Reuven Spiegel filed a Form 4 for one open-market sale of 10,000 shares of common stock on August 18, 2026 at $68.21 per share. After this transaction, he directly holds 36,435 shares. The sale was made pursuant to a Rule 10b5-1 trading plan, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Spiegel Reuven
Role
EVP, Special Projects
Sold
10,000 shs ($682K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $68.21 | $682K |
Holdings After Transaction:
Common Stock — 36,435 shares (Direct)
Footnotes (1)
- 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).
Key Figures
Shares sold: 10,000 shares of Common Stock
Sale price per share: $68.21 per share
Shares held after transaction: 36,435 shares
+2 more
5 metrics
Shares sold
10,000 shares of Common Stock
Open-market or private sale on August 18, 2026
Sale price per share
$68.21 per share
Price for the 10,000 DK shares sold on August 18, 2026
Shares held after transaction
36,435 shares
Direct ownership by Reuven Spiegel following the sale
Net shares sold in filing
10,000 shares
transactionSummary netBuySellShares reported as -10,000
Number of sell transactions
1 transaction
transactionSummary shows 1 sale and no purchases
Key Terms
Rule 10b5-1 plan, affirmative defense conditions, Form 4
3 terms
Rule 10b5-1 plan regulatory
"This transaction was made pursuant to a 10b5-1 plan"
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 regulatory
"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Form 4 regulatory
"executive vice president, Special Projects, Reuven Spiegel filed a 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.
FAQ
What insider transaction did DK report for Reuven Spiegel?
Delek US Holdings, Inc. reported that EVP, Special Projects, Reuven Spiegel sold 10,000 shares of common stock in an open-market or private transaction on August 18, 2026.
Was the DK insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
AI-generated analysis. How Rhea-AI works. Not financial advice.