[Form 4] Delek Logistics Partners, LP Insider Trading Activity

Rhea-AI Filing Summary

Reuven Spiegel, Executive Vice President and Director of Delek Logistics Partners, LP (DKL), reported a transaction dated 09/10/2025 in which 972 common units were disposed at an indicated price of $43.99 each. The filing states these units were withheld for tax purposes upon vesting of equity awards, not an open-market sale. After the transaction Mr. Spiegel beneficially owns 25,212 common units in a direct ownership form. The Form 4 was signed by an attorney-in-fact on 09/12/2025.

Positive

• Disposition labeled as tax withholding for vested awards rather than an open-market sale, reducing interpretive concern about insider selling pressure
• Timely and compliant disclosure filed with specified transaction date and post-transaction holdings, aiding transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine tax-withholding disposition from vested awards; minimal market implication given small size relative to total holdings.

The reported disposition of 972 common units at $43.99 each is described as shares withheld for tax obligations upon vesting of equity awards rather than an active sale into the market. This typically indicates no change in the executive's investment conviction and has limited informational content for valuation models. The post-transaction holding of 25,212 units remains meaningful for alignment with equity incentives but the absolute disposed amount is modest.

Corporate Governance Expert

TL;DR: Transaction reflects standard administrative withholding on equity vesting; disclosure complies with Section 16 reporting.

The Form 4 clearly identifies the reporting person as both an officer and director and documents the nature of the disposition as tax withholding. This is consistent with routine equity award administration and does not signal a governance change or unusual insider behavior. Timely filing and attorney-in-fact signature indicate procedural compliance.

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^*

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)
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)		972	D	$43.99	25,212	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 Reuven Spiegel report on Form 4 for DKL?

He reported a disposition of 972 common units dated 09/10/2025, with the transaction described as shares withheld for tax purposes upon vesting.

At what price were the 972 DKL units reported disposed?

The Form 4 shows a reported price of $43.99 per common unit for the disposition.

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

Following the reported transaction he beneficially owns 25,212 common units in a direct ownership form.

What is the reporting person’s role at Delek Logistics Partners (DKL)?

The filing identifies Reuven Spiegel as a Director and an Executive Vice President of DKL.

When was the Form 4 signed and by whom?

The Form 4 was signed by Misty Lavender, Attorney in Fact on 09/12/2025.