Form 4: Delek Logistics Partners SVP Wright Reports Acquisition and Disposal of Common Units

Sentiment:

SEC Form 4


Robert G. Wright, SVP & Deputy CFO of Delek Logistics Partners, reported the acquisition of common units and the disposal of units to cover taxes.

Delay expectedThe Form 4 is being filed late due to an inadvertent administrative error.

Summary

  • Robert G. Wright, SVP & Deputy CFO of Delek Logistics Partners, reported a transaction involving common units.
  • On June 10, 2024, Wright acquired 2,238 common units at a price of $39.09.
  • On September 10, 2024, Wright disposed of 91 common units at a price of $41.21 to cover taxes.
  • Following these transactions, Wright beneficially owns 2,147 common units directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports transactions related to vesting and tax obligations, with no clear indication of positive or negative sentiment towards the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Key Dates

DateDescription
06/10/2024Acquisition of 2,238 common units at $39.09 per unit.
09/10/2024Disposal of 91 common units at $41.21 per unit for tax purposes.
09/12/2024Date of signature for the Form 4 filing.

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