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Insider filing: Israel Joseph disposes 939 DKL units for tax withholding

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Israel Joseph, EVP, Operations at Delek Logistics Partners, LP (DKL), reported a non-derivative disposition of common units. On 09/10/2025 he disposed of 939 common units at a price of $43.99 per unit. The filing states these units were shares withheld for tax purposes upon vesting of equity awards. After the reported transaction Mr. Joseph beneficially owned 19,442 common units, held directly. The Form 4 was signed by an attorney-in-fact on 09/12/2025 and indicates this report was filed by a single reporting person.

Positive

  • Transaction disclosed as tax withholding clarifies the disposition was procedural rather than an opportunistic sale
  • Insider retains a direct stake of 19,442 common units after the reported transaction

Negative

  • Disposition of 939 common units at $43.99 reduced the reporting person’s holdings
  • Form signed by attorney-in-fact rather than the reporting person (though this is a routine practice)

Insights

TL;DR: Insider sold 939 units at $43.99; remaining direct stake is 19,442 units; sale appears tax-related rather than a discretionary trade.

From a trading perspective, the transaction is modest in size relative to typical institutional positions and is explicitly described as shares withheld to satisfy tax obligations on vested equity awards. That characterization reduces the likelihood this reflects a change in conviction about Delek Logistics Partners' fundamentals. The reported per-unit price of $43.99 provides a specific reference point for average insider realizations on the vesting event.

TL;DR: The filing documents a routine tax-withholding disposition tied to equity vesting and shows continued direct ownership of 19,442 units.

As a governance matter, the disclosure follows Section 16 requirements and was executed by an attorney-in-fact, which is customary. The explicit remark that shares were withheld for tax purposes clarifies the nature of the disposition and suggests it was procedural rather than a voluntary sale intended to alter ownership stakes. The remaining direct ownership should continue to be monitored for any future discretionary trades.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Israel Joseph

(Last) (First) (Middle)
310 SEVEN SPRINGS WAY
SUITE 500

(Street)
BRENTWOOD TN 37027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Delek Logistics Partners, LP [ DKL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Operations
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units 09/10/2025 F(1) 939 D $43.99 19,442 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for tax purposes upon vesting of equity awards.
Remarks:
/s/ Misty Lavender, Attorney in Fact 09/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Israel Joseph (EVP, Operations) report in the Form 4 for DKL?

He reported a disposition of 939 common units on 09/10/2025 at a price of $43.99 per unit.

Why were the 939 common units disposed of according to the filing?

The filing explains the shares represent shares withheld for tax purposes upon vesting of equity awards.

How many Delek Logistics (DKL) units does the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owns 19,442 common units (direct).

When was the Form 4 signed and filed for this transaction?

The signature block shows the form was executed by an attorney-in-fact on 09/12/2025.

Was this Form 4 filed by more than one reporting person?

No. The form indicates it was filed by one reporting person.
Delek Logistics Partners Lp

NYSE:DKL

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DKL Stock Data

2.49B
12.45M
64.78%
21.42%
1.04%
Oil & Gas Refining & Marketing
Pipe Lines (no Natural Gas)
Link
United States
BRENTWOOD