Form 4: Delek Logistics Executive Reuven Spiegel Reports Routine Tax-Related Share Disposition

Delek Logistics Partners' Executive Vice President and Director, Reuven Spiegel, reported the disposition of 1,944 common units valued at $42.57 per unit, primarily for tax withholding purposes related to equity award vesting.

Summary

• Reuven Spiegel, Executive Vice President and Director of Delek Logistics Partners, LP (DKL), filed a Form 4 reporting a transaction.
• On June 10, 2025, Mr. Spiegel disposed of 1,944 common units of DKL.
• The disposition was made at a price of $42.57 per common unit.
• This transaction (Code F) represents shares withheld by the issuer for tax purposes upon the vesting of equity awards.
• Following this transaction, Reuven Spiegel directly beneficially owns 26,934 common units of Delek Logistics Partners, LP.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (shares withheld for tax purposes upon equity award vesting), which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This Form 4 filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically the disposition of shares for tax withholding purposes upon equity award vesting. Such transactions are common for executives receiving equity compensation and do not typically reflect broader industry trends or strategic shifts.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related transaction and not a discretionary sale or purchase indicating a change in management's confidence or strategy.

Key Dates

Keywords

Delek Logistics Partners, DKL, Reuven Spiegel, Form 4, Insider Transaction, Common Units, Equity Award, Tax Withholding