Delek Logistics (DKL) president has 1,646 units withheld for equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek Logistics Partners, LP President Avigal Soreq reported a routine tax-related share disposition. On June 10, 2026, 1,646 common units were withheld at $52.49 per unit to cover taxes upon vesting of equity awards, as noted in the footnote. After this withholding, Soreq directly holds 82,282 common units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Soreq Avigal
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Units | 1,646 | $52.49 | $86K |
Holdings After Transaction:
Common Units — 82,282 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld units: 1,646 common units
Withholding price: $52.49 per unit
Holdings after transaction: 82,282 common units
+1 more
4 metrics
Tax-withheld units
1,646 common units
Withheld for taxes on equity award vesting on June 10, 2026
Withholding price
$52.49 per unit
Price used for tax-withholding disposition
Holdings after transaction
82,282 common units
Direct ownership after tax withholding
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
tax-withholding disposition, vesting of equity awards, Common Units, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting of equity awards financial
"withheld for tax purposes upon vesting of equity awards."
Common Units financial
"security_title": "Common Units""
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Delek Logistics Partners (DKL) President Avigal Soreq report on this Form 4?
Avigal Soreq reported a tax-withholding disposition of 1,646 Delek Logistics Partners common units. The units were withheld by the company to satisfy tax obligations when equity awards vested, rather than sold in the open market.
How many Delek Logistics Partners (DKL) units were involved in the tax withholding?
The filing shows 1,646 common units were withheld for taxes at a price of $52.49 per unit. This withholding occurred in connection with the vesting of equity-based compensation awards granted to President Avigal Soreq.
Did Avigal Soreq sell Delek Logistics Partners (DKL) units in the market?
No open-market sale occurred in this Form 4. The 1,646 units were withheld by Delek Logistics Partners to cover tax liabilities triggered by vesting equity awards, a common administrative transaction, not a discretionary market trade.
What are Avigal Soreq’s Delek Logistics Partners (DKL) holdings after this transaction?
After the tax-withholding transaction, Avigal Soreq directly holds 82,282 common units of Delek Logistics Partners. This reflects his remaining equity position following the automatic withholding of 1,646 units for tax purposes on the vesting date.
What does a tax-withholding disposition mean for Delek Logistics Partners (DKL) insiders?
A tax-withholding disposition means the company withholds shares to pay taxes due when equity awards vest. For Delek Logistics Partners insiders like Avigal Soreq, it settles tax obligations automatically without requiring a separate cash payment or open-market sale.