Delek Logistics (NYSE: DKL) EVP units withheld for taxes on equity vesting

Rhea-AI Filing Summary

Delek Logistics Partners, LP executive Denise Clark McWatters reported a routine tax-related transaction involving Common Units. On vesting of equity awards, 1,277 units were withheld by the company to cover tax obligations at an indicated value of $52.49 per unit. After this withholding, she directly holds 14,550 Common Units, and the filing shows no open-market purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McWatters Denise Clark

Role EVP, Gen Counsel & Corp Sec

Type	Security	Shares	Price	Value
Tax Withholding	Common Units	1,277	$52.49	$67K

Holdings After Transaction: Common Units — 14,550 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withheld units: 1,277 Common Units Indicated value per unit: $52.49 per unit Holdings after transaction: 14,550 Common Units +1 more

4 metrics

Tax-withheld units 1,277 Common Units Units withheld for tax purposes on equity vesting

Indicated value per unit $52.49 per unit Price used for tax-withholding disposition on June 10, 2026

Holdings after transaction 14,550 Common Units Direct ownership following tax withholding

Tax-withholding transactions 1 transaction, 1,277 units TransactionSummary taxWithholdingCount and taxWithholdingShares

Key Terms

tax-withholding disposition, Common Units, equity awards, Form 4

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" and code F explanation"

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.

Common Units financial

"security_title: "Common Units" for the reported transaction"

Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for Delek Logistics Partners, LP"

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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

McWatters Denise Clark

(Last) (First) (Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD TENNESSEE 37027

(City) (State) (Zip)

UNITED STATES

(Country)

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, Gen Counsel & Corp Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

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

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

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	06/10/2026		F(1)		1,277	D	$52.49	14,550	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/ Misty Lavender, Attorney in Fact	06/12/2026
	** 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).
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DKL executive Denise Clark McWatters report?

She reported a tax-withholding disposition of 1,277 Common Units. These units were withheld by the company to cover taxes when her equity awards vested, rather than sold in the open market.

How many Delek Logistics (DKL) units were withheld for taxes in this Form 4?

The Form 4 shows 1,277 Common Units were withheld for tax purposes. The indicated value was $52.49 per unit, reflecting the amount used to satisfy the related tax liability on vesting equity awards.

How many Delek Logistics (DKL) Common Units does Denise Clark McWatters hold after the transaction?

After the tax withholding, she directly holds 14,550 Common Units. This figure reflects her remaining position following the disposition of 1,277 units used to satisfy tax obligations on vested equity awards.

Does this DKL Form 4 show an open-market sale by the executive?

No. The filing describes a tax-withholding disposition coded “F,” meaning units were retained by the company to pay taxes. It does not represent an open-market sale initiated by the executive.

What does transaction code “F” mean in the DKL Form 4 filing?

Code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, it means 1,277 Common Units were withheld by Delek Logistics to satisfy taxes when equity awards vested.