DKL director sells 1,134 units at $42.905 — Form 4 disclosure
Charles J. Brown III, a director of Delek Logistics Partners, LP (DKL), reported a sale of common units on 08/20/2025.
Rhea-AI Filing Summary
Charles J. Brown III, a director of Delek Logistics Partners, LP (DKL), reported a sale of common units on 08/20/2025. The filing shows he sold 1,134 common units at a price of $42.905 per unit, leaving him with 17,971 common units beneficially owned. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
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Insights
TL;DR: Director disclosed a routine sale of 1,134 common units, leaving 17,971 units held.
The Form 4 reports a single non-derivative disposition by Charles J. Brown III on 08/20/2025: 1,134 common units sold at $42.905 each, with 17,971 units retained in direct ownership after the transaction. The filing provides standard disclosure required under Section 16(a) and contains no additional explanations about the purpose or plan for the sale.
TL;DR: Insider sale disclosed; filing complies with Section 16 reporting format.
The submission includes the reporting person’s name, address, relationship to the issuer (director), transaction date, transaction code (S indicating sale), number of units sold, sale price, and post-transaction holdings. The signature block indicates execution by an attorney-in-fact on 08/22/2025. No amendments or derivative transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Units | 1,134 | $42.905 | $49K |
FAQ
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What transaction did Charles J. Brown III report for DKL?
How many DKL common units does Charles J. Brown III own after the reported transaction?
What is the reporting person’s relationship to Delek Logistics Partners (DKL)?
When was the Form 4 signed and by whom?
Does the filing report any derivative transactions or amendments?
AI-generated analysis. How Rhea-AI works. Not financial advice.