Form 4: Delek Logistics Partners EVP, Operations, Joseph Israel, Reports Stock Disposals
SEC Form 4 Filing
Joseph Israel, EVP of Operations at Delek Logistics Partners, reported the disposal of common units to cover tax obligations.
Summary
- Joseph Israel, an EVP at Delek Logistics Partners, reported disposing of common units on September 9 and 10, 2024.
- On September 9, 2024, 104 common units were disposed of at a price of $41.03.
- On September 10, 2024, 260 common units were disposed of at a price of $41.21.
- Following these transactions, Israel directly owns 10,706 common units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by an executive, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders buy or sell company stock, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although it is often a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Disposal of 104 common units at $41.03. |
| 09/10/2024 | Disposal of 260 common units at $41.21. |
| 09/11/2024 | Date of signature for the 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.