Form 4: DKL Executive Sells Units for Tax Purposes

Delek Logistics Partners' Executive Vice President, Reuven Spiegel, disposed of 972 common units for tax withholding purposes.

Summary

• Reuven Spiegel, Executive Vice President and Director of Delek Logistics Partners, LP, reported a transaction on December 10, 2025.
• The transaction involved the disposition of 972 common units.
• These units were withheld for tax purposes upon the vesting of equity awards.
• The units were disposed of at a price of $45.02 per unit.
• Following this transaction, Reuven Spiegel beneficially owns 23,240 common units directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction (tax withholding) related to equity compensation, which has a neutral impact on the company's operational or financial performance.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) for an executive at Delek Logistics Partners, LP, a master limited partnership primarily engaged in the midstream logistics and marketing business for crude oil and refined products. Such filings are common across the energy sector as executives receive and vest equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition of a small number of units relative to the company's total outstanding shares, not indicative of a change in management's confidence or a discretionary sale.

Key Dates

Keywords

Delek Logistics Partners, DKL, Reuven Spiegel, Form 4, insider transaction, equity awards, tax withholding, common units