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Delek Logistics (DKL) Insider Sale: 3,112 Units Withheld for Taxes

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

Rhea-AI Filing Summary

Soreq Avigal, President and Director of Delek Logistics Partners, LP (DKL), reported a sale of common units on 09/10/2025. The Form 4 shows 3,112 common units were disposed at a price of $43.99 per unit, leaving the reporting person with 67,112 common units beneficially owned. The filing notes the disposition represents shares withheld for tax purposes upon vesting of equity awards. The Form 4 was signed by an attorney in fact on behalf of the reporting person on 09/12/2025.

Positive

  • Timely disclosure of insider transaction through Form 4
  • Clear explanation that the disposition was for tax withholding upon vesting
  • Remaining beneficial ownership (67,112 units) is reported, aiding transparency

Negative

  • None.

Insights

TL;DR: Insider sold a modest block of units for tax-withholding; filing appears routine and provides clear disclosure.

The 3,112-unit disposition at $43.99 is explicitly described as tax-withholding upon vesting, which is a common practice that converts vested awards into cash obligations. The Form 4 discloses the remaining beneficial ownership of 67,112 units, enabling investors to track insider holdings. Based solely on the filing, there is no evidence of an open-market trading program or other material change in control or compensation terms.

TL;DR: Filing meets Section 16 disclosure requirements and clarifies the nature of the disposition.

The report identifies the reporting person as both President and Director and documents the tax-withholding disposition, which supports transparency about equity compensation mechanics. The Form 4 was executed by an attorney in fact, consistent with authorized filing practice. There are no indications in the document of unusual governance actions or material conflicts requiring further disclosure.

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*
Soreq Avigal

(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)
President
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) 3,112 D $43.99 67,112 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 Soreq Avigal report on Form 4 for DKL?

The Form 4 reports a disposition of 3,112 common units at $43.99 per unit on 09/10/2025, leaving 67,112 units beneficially owned.

Why were the 3,112 units disposed according to the filing?

The filing states the units were withheld for tax purposes upon vesting of equity awards.

What is Soreq Avigal's role at Delek Logistics Partners (DKL)?

The Form 4 lists Soreq Avigal as both a Director and the President of Delek Logistics Partners, LP.

When was the Form 4 signed and who signed it?

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

Does the filing indicate an open-market trading plan like Rule 10b5-1?

The filing does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan; it states the disposition was for tax withholding.
Delek Logistics Partners Lp

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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