DKL EVP has units withheld for taxes
Delek Logistics Partners, LP director and Executive Vice President Reuven Spiegel reported a routine tax-related share disposition.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Delek Logistics Partners, LP director and Executive Vice President Reuven Spiegel reported a routine tax-related share disposition. On the vesting of equity awards, 1,485 common units were withheld at an indicated price of $52.49 per unit to cover tax obligations, as noted in the footnote. After this withholding, Spiegel directly holds 28,549 common units, so the event reflects compensation-related tax settlement rather than an open‑market sale.
Insider Trade Summary
Exercise Price or Tax Liability: 1,485 shares
Exercise Price or Tax Liability
1 txn
Insider
Spiegel Reuven
Role
Executive Vice President, DKL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Units | 1,485 | $52.49 | $78K |
Holdings After Transaction:
Common Units — 28,549 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for tax purposes upon vesting of equity awards.
Key Figures
Tax-withheld units: 1,485 common units
Indicated price per unit: $52.49 per unit
Units held after transaction: 28,549 common units
+3 more
6 metrics
Tax-withheld units
1,485 common units
Withheld for taxes on vesting of equity awards
Indicated price per unit
$52.49 per unit
Value used for tax-withholding disposition
Units held after transaction
28,549 common units
Direct ownership following June 10, 2026 withholding
Transaction code
F
Payment of tax liability by delivering securities
Transaction direction
dispose
Tax-withholding disposition, non-derivative securities
Transaction date
June 10, 2026
Date of tax-withholding event
Key Terms
Form 4, Common Units, transaction code F, tax-withholding disposition, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Common Units financial
""security_title": "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.
transaction code F regulatory
""transaction_code": "F""
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
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.
vesting of equity awards financial
"withheld for tax purposes upon vesting of equity awards"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Delek Logistics (DKL) report for Reuven Spiegel?
Delek Logistics reported that Executive Vice President and director Reuven Spiegel had 1,485 common units withheld to cover taxes on vesting equity awards. This is a non-market, compensation-related adjustment rather than an open-market purchase or sale of units.
Was the June 2026 DKL insider transaction an open-market sale?
No, the Form 4 shows an F-code tax-withholding disposition, meaning units were withheld to satisfy tax obligations on vesting awards. The transaction did not involve an open-market sale and reflects routine handling of equity-based compensation.
How many Delek Logistics (DKL) units were withheld for taxes from Spiegel’s awards?
The filing reports that 1,485 common units were withheld for tax purposes upon vesting of equity awards. This share withholding settles the tax liability associated with the vesting, without Spiegel actively selling units in the open market.
What is Reuven Spiegel’s DKL unit ownership after the reported tax withholding?
Following the tax-withholding disposition, Spiegel directly holds 28,549 common units of Delek Logistics Partners. This post-transaction balance, disclosed in the Form 4, shows he continues to maintain a meaningful equity position after the routine tax settlement.
What does transaction code F mean in the DKL Form 4 filing?
Transaction code F indicates a tax-withholding disposition, where shares are delivered or withheld to pay exercise price or tax liabilities. In this DKL filing, it reflects units withheld for taxes when equity awards vested, not a discretionary market trade.
On what date did the reported DKL tax-withholding transaction occur?
The Form 4 lists the transaction date as June 10, 2026. On that date, 1,485 common units were withheld to cover tax obligations upon the vesting of Spiegel’s equity awards, leaving him with 28,549 directly held units afterward.
AI-generated analysis. How Rhea-AI works. Not financial advice.
