Form 4: Delek Logistics CFO Disposes of Units for Tax Withholding

Delek Logistics Partners, LP's Executive Vice President and Chief Financial Officer, Robert G. Wright, reported the disposition of 74 common units to cover tax obligations related to equity award vesting.

Summary

• Robert G. Wright, EVP and Chief Financial Officer of Delek Logistics Partners, LP (DKL), reported a transaction on June 10, 2025.
• The transaction involved the disposition of 74 common units of DKL.
• These units were disposed of at a price of $42.57 per unit.
• The disposition was made to satisfy tax withholding obligations upon the vesting of equity awards.
• Following this transaction, Mr. Wright beneficially owns 4,119 common units directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax withholding purposes, which is a common occurrence for executives receiving equity compensation.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes, which is common across all industries when equity awards vest. It does not provide broader insights into the logistics or energy sectors.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in investment sentiment by the insider.

Key Dates

Keywords

Delek Logistics Partners, DKL, Form 4, Insider Transaction, Tax Withholding, Equity Awards, Common Units, Robert G. Wright, CFO