Delek Logistics (DKL) EVP receives 5,658-unit grant with 743 units withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek Logistics Partners, LP EVP Israel Joseph reported routine equity compensation and related tax withholding transactions in Common Units. He received a grant of 5,658 time-vesting restricted stock units that vest over three years. To cover tax obligations upon vesting of equity awards, 575 units were withheld at $53.02 per unit on March 10, 2026 and 168 units were withheld at $51.62 per unit on March 9, 2026. Following these transactions, he directly holds 23,782 Common Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Israel Joseph
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 5,658 | $0.00 | -- |
| Tax Withholding | Common Units | 575 | $53.02 | $30K |
| Tax Withholding | Common Units | 168 | $51.62 | $9K |
Holdings After Transaction:
Common Units — 24,357 shares (Direct)
Footnotes (1)
- Represents shares withheld for tax purposes upon vesting of equity awards. Represents a grant of time-vesting restricted stock units that vest over three years.
FAQ
What did Delek Logistics (DKL) EVP Israel Joseph report in this Form 4?
He reported a grant of 5,658 time-vesting restricted stock units and related tax withholding transactions. These are compensation-related awards in Common Units of Delek Logistics Partners, LP, rather than open-market purchases or sales of existing holdings.
How many Delek Logistics (DKL) units were granted to EVP Israel Joseph?
He received 5,658 restricted stock units that vest over three years. These time-vesting awards represent compensation in the form of Common Units and were recorded at a price of $0.00 per unit in the filing’s transaction details.
What were the tax withholding transactions reported for DKL EVP Israel Joseph?
A total of 743 Common Units were withheld for tax purposes upon vesting of equity awards. This includes 575 units at $53.02 per unit on March 10, 2026 and 168 units at $51.62 per unit on March 9, 2026.
Are the Form 4 dispositions by DKL EVP Israel Joseph open-market sales?
No. The filing identifies the two F-code transactions as payment of tax liability by delivering securities. Footnotes state these represent shares withheld for tax purposes upon vesting, not discretionary open-market sales by the executive.
How many Delek Logistics (DKL) units does EVP Israel Joseph hold after these transactions?
After the reported grant and tax withholding events, he directly holds 23,782 Common Units. This post-transaction balance reflects his remaining direct ownership as shown in the latest transaction line in the Form 4 data.
What is the vesting schedule of the new DKL restricted stock units granted to Israel Joseph?
The filing footnote states the award is a grant of time-vesting restricted stock units that vest over three years. This means the 5,658-unit grant becomes fully earned gradually across that multi-year period, subject to the vesting terms.