Delek Logistics (DKL) Insider Withholding: 168 Units Reduced to 20,213

Rhea-AI Filing Summary

Delek Logistics Partners insider filing: Israel Joseph, EVP of Operations, reported a disposition of 168 common units on 09/09/2025 at a reported price of $43.69 per unit. Following the transaction the reporting person beneficially owned 20,213 common units as a direct owner. The transaction is coded F(1) and the filing explains this represents shares withheld for tax purposes upon vesting of equity awards. The Form 4 is signed/dated (09/11/2025) by Denise McWatters on behalf of the reporting person.

Positive

• Transaction explicitly explained as tax withholding upon vesting (F(1)), providing transparency
• Form 4 filed and signed, indicating timely disclosure of insider transaction
• Remaining beneficial ownership disclosed (20,213 common units), giving context to post-transaction holdings

Negative

• Reduction in insider ownership by 168 common units
• Reported disposition at $43.69 which slightly lowers the reporting person's stake

Insights

Corporate Governance Expert

TL;DR: A routine tax-withholding disposition reduced an officer's holdings by 168 units; disclosure appears complete and timely.

The filing shows a non-discretionary withholding event, coded F(1), which is commonly used when vested equity is surrendered to cover tax obligations. The remaining direct ownership of 20,213 units is disclosed, and the Form 4 includes a manual signature dated 09/11/2025. For governance purposes this is a standard post-vesting administrative action and does not indicate an opportunistic sale by the officer.

Securities Analyst

TL;DR: Small, non-material reduction in insider holdings; transaction was reported and explained as tax withholding.

The reported disposition of 168 units at $43.69 is described as shares withheld for tax purposes rather than an open-market sale. Given the absolute size of the transaction and the explicit explanation, this disclosure is unlikely to be material to DKL security valuations on its own. The filing provides clear fields: transaction date, price, remaining beneficial ownership, and signature.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Israel Joseph

(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 Logistics Partners, LP [ DKL ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Operations

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

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 Units	09/09/2025		F(1)		168	D	$43.69	20,213	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. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Denise McWatters	09/11/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed for DKL disclose?

The Form 4 reports that Israel Joseph, EVP Operations, disposed of 168 common units on 09/09/2025 at $43.69 per unit and now beneficially owns 20,213 units.

Why were the 168 DKL units disposed of according to the filing?

The filing explanation states the units were withheld for tax purposes upon vesting of equity awards, coded as F(1).

Who signed the Form 4 for the DKL insider filing?

The Form 4 is signed by /s/ Denise McWatters with a signature date of 09/11/2025.

How many DKL units does the reporting person own after the transaction?

The reporting person beneficially owns 20,213 common units following the reported transaction.

Was this Form 4 filed by one reporting person or multiple?

The form indicates it was filed by one reporting person.