Form 4: Delek Logistics Partners Executive Acquires Common Units
SEC Form 4 Filing
An executive at Delek Logistics Partners, LP acquired common units on December 10, 2024.
Summary
- An executive, Israel Joseph, at Delek Logistics Partners, LP acquired common units on December 10, 2024.
- The transaction involved 130 common units at a price of $38.81 per unit.
- The total value of the transaction was $5,045.30.
Sentiment
Score: 5
Explanation: The document is neutral, reporting a standard executive transaction. It does not indicate any positive or negative sentiment.
Industry Context
This type of transaction is common in publicly traded partnerships, where executives may acquire units as part of their compensation or investment strategy.
Comparison to Industry Standards
- Executive acquisitions of company stock or units are a common practice across the industry.
- The size of this transaction is relatively small compared to larger institutional trades, but is typical for individual executive purchases.
- Similar transactions can be seen in other midstream energy companies such as Enterprise Products Partners (EPD) and Magellan Midstream Partners (MMP).
Stakeholder Impact
- The transaction has a minimal impact on stakeholders, as it is a routine executive purchase of common units.
Key Dates
| Date | Description |
|---|---|
| 2024-12-10 | Date of the common unit acquisition by Israel Joseph. |
| 2024-12-12 | Date of the filing. |
Keywords
Delek Logistics Partners, Common Units, Executive Acquisition, Israel Joseph, Operations, DKL
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