Form 4: Delek Logistics Partners EVP Reports Tax-Related Unit Disposal
SEC Form 4 Filing
Denise Clark McWatters, EVP, Gen Counsel & Corp Sec of Delek Logistics Partners, LP, reports disposal of common units to cover taxes upon vesting of awards.
Summary
- On September 10, 2024, Denise Clark McWatters, EVP, Gen Counsel & Corp Sec of Delek Logistics Partners, LP, disposed of 309 common units to cover taxes due upon the vesting of previously granted awards.
- The transaction was executed at a price of $41.21 per unit.
- Following the transaction, McWatters directly owns 11,516 common units of Delek Logistics Partners, LP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of an insider transaction related to tax obligations upon vesting of stock awards, which is a common practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: Disposal of common units to cover taxes. |
| 09/12/2024 | Date of signature on the report. |
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.