Form 4: Delek Logistics Partners EVP/CFO Reuven Spiegel Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Reuven Spiegel, EVP/CFO of Delek Logistics Partners, reported the disposition of 898 common units on June 10, 2024, to cover tax obligations.
Summary
- Reuven Spiegel, the EVP/CFO of Delek Logistics Partners, LP, filed a Form 4 on June 12, 2024, reporting changes in beneficial ownership of the company's securities.
- On June 10, 2024, Spiegel disposed of 898 common units at a price of $39.38 per unit.
- This transaction was related to the satisfaction of tax obligations.
- Following the transaction, Spiegel directly owns 16,278 common units of Delek Logistics Partners, LP.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded partnerships like Delek Logistics Partners.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: Disposition of 898 common units. |
| 06/12/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.