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