Delek Logistics (DKL) EVP reports 575 units withheld for taxes, 18,867 owned
Rhea-AI Filing Summary
Delek Logistics Partners, LP executive reports routine tax withholding transaction. An executive vice president of DKL reported a Form 4 transaction dated 12/10/2025 involving common units of the partnership. A total of 575 common units were disposed of at a price of $45.02 per unit, coded as an "F" transaction, which indicates shares withheld to cover taxes upon vesting of equity awards. After this tax-related withholding, the reporting person beneficially owns 18,867 common units directly. The filing reflects an administrative equity compensation event rather than an open-market sale.
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FAQ
What insider transaction did Delek Logistics Partners (DKL) report in this Form 4?
The Form 4 discloses that an executive vice president disposed of 575 common units of Delek Logistics Partners, LP on 12/10/2025 in a tax-related transaction.
What was the price and code for the reported DKL unit transaction?
The 575 common units were reported at a price of $45.02 per unit and labeled with transaction code "F", indicating shares withheld for tax purposes upon vesting of equity awards.
How many Delek Logistics Partners (DKL) units does the insider own after this transaction?
Following the reported transaction, the executive vice president beneficially owns 18,867 common units of Delek Logistics Partners, LP in direct ownership.
Was this DKL insider transaction part of routine equity award tax withholding?
Yes. The explanation states that the transaction represents shares withheld for tax purposes upon vesting of equity awards, which is a routine administrative event.
What is the reporting person’s relationship to Delek Logistics Partners (DKL)?
The reporting person is listed as an officer of Delek Logistics Partners, LP with the title EVP and is filing individually as one reporting person.
Does this Form 4 indicate an open-market sale of DKL units by the executive?
No. The transaction is coded "F" and described as shares withheld for tax purposes upon vesting, rather than a discretionary open-market sale.