Director at Delek Logistics (DKL) receives 2,476-unit equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek Logistics Partners, LP director Charles J. Brown III received an equity grant of 2,476 Common Units. The award is reported at a price of $52.49 per unit and is classified as a grant or award, not an open-market purchase. Following this compensation-related acquisition, Brown directly holds 20,447 Common Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Charles J III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units | 2,476 | $52.49 | $130K |
Holdings After Transaction:
Common Units — 20,447 shares (Direct, null)
Footnotes (1)
Key Figures
Units granted: 2,476 Common Units
Grant price: $52.49 per unit
Holdings after grant: 20,447 Common Units
3 metrics
Units granted
2,476 Common Units
Equity grant to director on June 10, 2026
Grant price
$52.49 per unit
Reported transaction price for Common Units grant
Holdings after grant
20,447 Common Units
Director’s direct ownership following the award
Key Terms
Common Units, grant or award acquisition, Form 4
3 terms
Common Units financial
"The award is reported at a price of $52.49 per unit and is classified as a grant of 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 or award acquisition financial
"The transaction is categorized as a grant or award acquisition rather than an open-market purchase."
Form 4 regulatory
"Delek Logistics Partners reported this insider activity on a Form 4 filing with the SEC."
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 Partners (DKL) report on this Form 4?
Delek Logistics Partners reported that director Charles J. Brown III received a grant of 2,476 Common Units. The transaction is categorized as a grant or award acquisition rather than an open-market purchase of units.
At what price were the Delek Logistics (DKL) Common Units valued in this grant?
The 2,476 Common Units granted to director Charles J. Brown III were reported at $52.49 per unit. This reflects the transaction price used for the award, not a separate open-market trade price.
How many Delek Logistics (DKL) units does the director hold after this transaction?
After the reported grant, director Charles J. Brown III directly holds 20,447 Common Units of Delek Logistics Partners. This total includes the 2,476 units acquired through the compensation-related award described in the filing.
Was the Delek Logistics (DKL) insider transaction a market buy or a compensation grant?
The transaction was a compensation-related grant or award acquisition, not an open-market buy or sell. The Form 4 classifies the code as a grant, award, or other acquisition of 2,476 Common Units.
Who is the reporting person in this Delek Logistics (DKL) Form 4 filing?
The reporting person is Charles J. Brown III, a director of Delek Logistics Partners, LP. The Form 4 shows his direct ownership increased through a grant of 2,476 Common Units, bringing his direct holdings to 20,447 units.