Director at Delek Logistics (NYSE: DKL) awarded 2,476 common units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kelly Gennifer F. reported acquisition or exercise transactions in this Form 4 filing.
Delek Logistics Partners, LP director Gennifer F. Kelly received a grant of 2,476 Common Units. The units were awarded at a value of $52.49 per unit on June 10, 2026 as a compensation grant, not an open-market purchase.
After this award, Kelly directly holds a total of 17,776 Common Units. This filing reflects a routine equity-based compensation transaction for a board member, rather than a discretionary buy or sale in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kelly Gennifer F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 2,476 | $52.49 | $130K |
Holdings After Transaction:
Common Units — 17,776 shares (Direct, null)
Footnotes (1)
Key Figures
Units granted: 2,476 Common Units
Grant value per unit: $52.49 per unit
Holdings after transaction: 17,776 Common Units
+1 more
4 metrics
Units granted
2,476 Common Units
Equity grant to director on June 10, 2026
Grant value per unit
$52.49 per unit
Reported value for the 2,476-unit award
Holdings after transaction
17,776 Common Units
Director’s direct ownership following the grant
Transaction code
A (grant, award, or other acquisition)
Indicates nature of acquisition in Form 4
Key Terms
Common Units, Grant, award, or other acquisition, Form 4
3 terms
Common Units financial
"Kelly received a grant of 2,476 Common Units."
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.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
Form 4 regulatory
"This Form 4 filing reflects a routine equity-based compensation transaction."
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.
FAQ
What insider transaction did Delek Logistics (DKL) report for Gennifer F. Kelly?
Delek Logistics reported that director Gennifer F. Kelly received a grant of 2,476 Common Units. The award was recorded at $52.49 per unit on June 10, 2026, as equity-based compensation, increasing her direct holdings to 17,776 units.
Was the Gennifer F. Kelly Form 4 transaction in DKL a purchase or a grant?
The Form 4 for Delek Logistics shows a grant, not an open-market purchase. Kelly acquired 2,476 Common Units coded as a grant or award (transaction code A), typically reflecting compensation rather than a discretionary buy in the market.
How many Delek Logistics (DKL) units does Gennifer F. Kelly hold after this transaction?
Following the reported grant, Gennifer F. Kelly directly holds 17,776 Common Units of Delek Logistics Partners, LP. This total includes the 2,476 units awarded on June 10, 2026, as reported in the Form 4 insider filing.
What was the reported price for the 2,476 Delek Logistics (DKL) units granted to Kelly?
The 2,476 Common Units granted to Gennifer F. Kelly were reported at $52.49 per unit. This figure represents the value used in the Form 4 filing for the equity award made on June 10, 2026, rather than an executed market trade price.
Does the Kelly Form 4 filing for Delek Logistics (DKL) indicate any sales of units?
The Form 4 data show no sales of Delek Logistics units by Gennifer F. Kelly. The filing records one acquisition transaction coded as a grant or award (A) for 2,476 Common Units, with no corresponding dispositions or sales reported in this filing.