Delek Logistics (DKL) Form 4: 250 Units Sold Under 10b5-1 Plan

Rhea-AI Filing Summary

Reuven Spiegel, Executive Vice President and director of Delek Logistics Partners, LP (DKL), reported a sale of common units. The Form 4 shows a sale of 250 common units on 09/12/2025 at $45.00 per unit, completed under a 10b5-1 trading plan adopted on March 6, 2025. After the sale, the reporting person beneficially owned 24,962 common units. The filing was signed by an attorney-in-fact on 09/15/2025.

Positive

• Transaction executed under a 10b5-1 plan, with the adoption date (March 6, 2025) disclosed
• Complete disclosure of amount sold, price ($45.00), transaction date (09/12/2025), and post-transaction beneficial ownership (24,962 units)

Negative

• Disposition of 250 common units reduced the reporting persons holdings to 24,962 units
• Sale signed by an attorney-in-fact rather than the reporting person (signature dated 09/15/2025)

Insights

Securities Compliance Analyst

TL;DR: A routine insider sale executed under a pre-established 10b5-1 plan; disclosure is timely and complete per the form.

The filing documents a specified disposition of 250 common units at $45.00 each under a 10b5-1(c) plan adopted March 6, 2025. The report identifies the reporting persons dual role as Executive Vice President and director and shows post-transaction beneficial ownership of 24,962 units. The signature by an attorney-in-fact is provided with a 09/15/2025 date. Based solely on the form, the transaction appears to follow planned-execution procedures and includes the required explanatory remark referencing the affirmative defense.

Corporate Governance Specialist

TL;DR: Disclosure aligns with standard governance practices for insider transactions under a 10b5-1 plan.

The Form 4 notes the reporters relationship to the issuer and provides transaction details: sale code S(1), 250 units sold at $45, and remaining beneficial ownership of 24,962 units. The inclusion of the 10b5-1 adoption date and the explanatory remark supports compliance with Rule 10b5-1(c) affirmative defense conditions. No additional amendments or derivative holdings are reported. All content is restricted to the facts presented in the filing.

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)
09/12/2025

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	09/12/2025		S(1)		250	D	$45	24,962	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	09/15/2025
	** 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 insider transaction did Reuven Spiegel report for DKL?

He reported a sale of 250 common units on 09/12/2025 at $45.00 per unit executed under a 10b5-1 plan.

How many Delek Logistics (DKL) units did the reporting person own after the sale?

24,962 common units were beneficially owned following the reported transaction.

Was the sale for DKL executed under an established trading plan?

Yes; the sale was made pursuant to a 10b5-1 plan adopted on March 6, 2025, per the filing.

Who signed the Form 4 for this DKL insider transaction?

/s/ Misty Lavender, Attorney in Fact signed the Form 4 with the date 09/15/2025.

What price was reported for the DKL units sold by the insider?

$45.00 per common unit was the reported sale price for the 250 units.