Delek US (NYSE: DK) EVP receives stock awards as shares withheld for taxes

Rhea-AI Filing Summary

Delek US Holdings EVP and General Counsel Denise Clark McWatters reported routine equity compensation activity in company stock. On March 9 and 10, she received grants totaling 13,513 shares of common stock at no cost upon vesting of performance-based restricted stock units. In connection with these vestings, 11,606 shares were automatically withheld to cover tax obligations at prices of $40.13 and $40.64 per share, rather than sold on the open market. After these transactions, she directly holds 86,184 shares of Delek US Holdings common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McWatters Denise Clark

(Last) (First) (Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD TN 37027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Delek US Holdings, Inc. [ DK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Gen Counsel & Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		A(1)		3,003	A	$0	87,280	D
Common Stock	03/09/2026		F(2)		1,723	D	$40.13	85,557	D
Common Stock	03/10/2026		A(1)		10,510	A	$0	96,067	D
Common Stock	03/10/2026		F(2)		9,883	D	$40.64	86,184	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares delivered upon the vesting of performance based restricted stock units.

2. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did DK executive Denise McWatters report on this Form 4?

Denise McWatters reported equity awards and related tax withholding. She received 13,513 Delek US Holdings common shares from vesting of performance-based restricted stock units, and 11,606 shares were withheld to satisfy tax liabilities tied to those equity awards.

How many Delek US (DK) shares did the EVP and General Counsel acquire?

Denise McWatters acquired 13,513 shares through equity awards. These common shares were delivered at no cost upon vesting of performance-based restricted stock units, as disclosed in the Form 4, and represent compensation rather than open-market purchases.

Why were some Delek US (DK) shares disposed of in Denise McWatters’ Form 4?

The reported dispositions were for tax withholding purposes only. A total of 11,606 common shares were withheld by the company at prices of $40.13 and $40.64 per share to cover taxes due upon vesting of equity awards.

What is Denise McWatters’ Delek US (DK) share ownership after these transactions?

After the reported transactions, Denise McWatters directly holds 86,184 shares. This post-transaction balance reflects both the delivery of performance-based restricted stock units and the automatic share withholding to satisfy related tax obligations.

Were Denise McWatters’ DK transactions open-market buys or sells?

No, the Form 4 shows compensation-related grants and tax withholding. Shares were delivered upon vesting of performance-based restricted stock units, and additional shares were withheld by the issuer to pay tax liabilities, not sold in open-market trades.

What prices were used for tax withholding on Denise McWatters’ DK equity awards?

Tax withholding used share prices of $40.13 and $40.64. The Form 4 reports 1,723 shares withheld at $40.13 per share and 9,883 shares withheld at $40.64 per share to satisfy tax obligations on vested equity awards.