Form 4: Delek Logistics Partners EVP/CFO Reuven Spiegel Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Reuven Spiegel, EVP/CFO of Delek Logistics Partners, reported a transaction involving the withholding of common units to cover taxes due upon vesting of previously granted awards.

Summary

  • On September 10, 2024, Reuven Spiegel, the EVP/CFO of Delek Logistics Partners, LP, reported a transaction on Form 4.
  • The transaction involved the withholding of 1,222 common units at a price of $41.21 to cover taxes due upon the vesting of previously granted awards.
  • Following the transaction, Spiegel beneficially owns 18,941 common units of Delek Logistics Partners, LP.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction (tax withholding). It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding process related to equity compensation.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding process.

Key Dates

DateDescription
09/10/2024Date of transaction: Common Units withheld for taxes.
09/12/2024Date of signature for the report.

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