[144] Delek Logistics Partners, LP SEC Filing
This Form 144 notice reports a proposed sale of 250 common shares of Delek Logistics Partners, LP (DKL) to be executed through Fidelity Brokerage Services LLC on 09/12/2025 on the NYSE for an aggregate market value of $11,250. The filer acquired those 250 shares by restricted stock vesting (73 shares on 06/10/2022 and 177 shares on 09/10/2022) and lists 53,463,829 shares outstanding. The filing also discloses prior open-market sales by the same person during the past three months: 500 shares on 07/29/2025 for $22,500 and 250 shares on 08/04/2025 for $11,250. The signer represents they know of no undisclosed material adverse information about the issuer.
- Complete transaction details provided: number of shares, acquisition dates, broker, proposed sale date, and aggregate market value are all disclosed
- Acquisition method disclosed: shares were acquired via restricted stock vesting, indicating compensation origin
- Prior sales reported: two recent open-market sales (500 and 250 shares) are listed, aiding transparency
- Insider disposals recently reported: the filer sold 500 shares on 07/29/2025 and 250 shares on 08/04/2025, totaling 750 shares in the prior three months
- Limited context on market impact: filing includes raw sale amounts and values but provides no explanation of rationale for sales
Insights
TL;DR: Disclosure documents a Rule 144 sale via broker and recent insider sales; appears to follow required reporting elements.
The Form 144 provides the required transaction-level details: number of shares to be sold (250), acquisition dates and nature (restricted stock vesting), broker identity (Fidelity Brokerage Services LLC), proposed sale date (09/12/2025), and aggregate market value ($11,250). It also lists prior sales in the last three months, which helps determine aggregation and volume limits under Rule 144. The filer makes the standard representation about lack of undisclosed material adverse information. From a compliance standpoint, the filing contains the core fields necessary for a Rule 144 notice.
TL;DR: The notice records modest planned and recent disposals of common shares; transaction details are transparently reported.
The document shows a planned sale of 250 common shares and two prior sales totaling 750 shares in the preceding months, with explicit prices and dates. Acquisition records indicate the shares were received as compensation via restricted stock vesting in 2022. The filing names the executing broker and the exchange (NYSE), which provides market context for execution. The data are factual and permit straightforward tracking of the insider's reported dispositions.