Delek Logistics (DKL) insider sale — 250 units at $45 per unit reported

Rhea-AI Filing Summary

Reuven Spiegel, an Executive Vice President and Director of Delek Logistics Partners, LP (DKL), reported a sale of 250 common units on 10/06/2025 at a price of $45.00 per unit. The filing states the sale was executed under a 10b5-1 trading plan adopted on 03/06/2025 to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Following the reported transaction, the reporting person directly beneficially owned 24,712 common units. The Form 4 was signed by an attorney-in-fact, Misty Lavender, on 10/08/2025.

Positive

• Sale executed under a 10b5-1 plan, indicating pre-set trading parameters
• Timely disclosure of the transaction with Form 4 filing and signature by attorney-in-fact

Negative

• Reduction in direct holdings to 24,712 common units after the sale

Insights

Corporate Governance Specialist

TL;DR: Insider sale executed under a pre-established 10b5-1 plan; ownership remains measurable and disclosed.

The transaction shows a disposition of 250 common units at $45.00 on 10/06/2025, recorded under a 10b5-1 plan adopted on 03/06/2025. Using a trading plan is a routine governance mechanism that helps insiders avoid accusations of trading on material nonpublic information when plans are properly structured and followed.

Dependencies and risks include the plan's terms and any subsequent amendments; the filing indicates the sale was made pursuant to that plan and the Form 4 reports 24,712 units remaining directly owned, which is a quantifiable stake investors can track in future filings over the next quarters.

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).

X

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^*

Spiegel Reuven

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President, DKL

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

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	10/06/2025		S(1)		250	D	$45	24,712	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. This transaction for the sale of 250 shares at a price of $45.00/share was made pursuant to a 10b5-1 plan adopted on March 6, 2025, and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Remarks:

	/s/ Misty Lavender, Attorney in Fact	10/08/2025
	** 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 Reuven Spiegel report on the DKL Form 4?

The report discloses a sale of 250 common units on 10/06/2025 at $45.00 per unit under a 10b5-1 plan.

Was the sale part of a 10b5-1 trading plan for DKL insider Reuven Spiegel?

Yes, the sale was made pursuant to a 10b5-1 plan adopted on 03/06/2025 to satisfy the affirmative defense conditions of Rule 10b5-1(c).

How many DKL units does Reuven Spiegel own after the transaction?

Following the reported sale, he directly beneficially owned 24,712 common units.

Who signed the Form 4 for this transaction?

The Form 4 was signed by an attorney-in-fact, Misty Lavender, on 10/08/2025.

Does the Form 4 indicate any purchases or derivative transactions?

No. The filing reports a disposition of common units and does not list derivative securities or purchases.