Form 4: Delek Logistics President Sells Units for Tax Purposes
Statement of Changes in Beneficial Ownership
Delek Logistics Partners' President and Director, Avigal Soreq, reported the disposition of 2,201 common units for tax withholding purposes.
Summary
- Avigal Soreq, President and Director of Delek Logistics Partners, LP (DKL), reported a transaction involving the company's common units.
- The transaction, which occurred on December 10, 2025, involved the disposition of 2,201 common units.
- These units were disposed of at a price of $45.02 per unit.
- The disposition represents shares withheld for tax purposes upon the vesting of equity awards.
- Following this transaction, Avigal Soreq directly beneficially owns 64,911 common units.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-scheduled event.
Sentiment
Score: 5
Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes related to equity compensation, which is a common occurrence for executives and does not reflect positively or negatively on the company's performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information relevant to broader industry trends or the competitive landscape of Delek Logistics Partners, LP.
Related Party Transactions
- The disposition of 2,201 common units by Avigal Soreq, President and Director, for tax withholding purposes upon equity award vesting, constitutes a transaction with a related party.
Stakeholder Impact
- Shareholders: The transaction is a routine, non-discretionary tax-related event by an insider, pre-planned under Rule 10b5-1(c), and is unlikely to have a significant direct impact on shareholders or the company's share price.
Key Dates
| Date | Description |
|---|---|
| 12/10/2025 | Date of transaction (disposition of common units for tax purposes) |
| 12/11/2025 | Date Form 4 was filed with the SEC |
Keywords
Delek Logistics Partners, DKL, Avigal Soreq, Insider Transaction, Form 4, Equity Award, Tax Withholding, Common Units, Officer Transaction, Director Transaction, Rule 10b5-1
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.