Form 4: Delek US Holdings CFO Reuven Spiegel Reports Stock Transactions
SEC Form 4 Filing
Reuven Spiegel, CFO of Delek US Holdings, reported the acquisition and disposition of company stock on March 8 and March 11, 2024.
Summary
- On March 8, 2024, Reuven Spiegel, CFO of Delek US Holdings, acquired 10,377 shares of common stock at $26.50 per share.
- On the same day, Spiegel acquired another 20,754 shares at $26.50 per share.
- Also on March 8, 2024, Spiegel sold 750 shares at $26.01 per share.
- On March 11, 2024, Spiegel disposed of 429 shares at $26.50 per share.
- Following these transactions, Spiegel directly owns 54,732 shares of Delek US Holdings common stock.
- The sale of 750 shares was made pursuant to a 10b5-1 plan adopted on August 10, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an officer. The transactions themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 2023/08/10 | Date of adoption of the 10b5-1 plan. |
| 2024/03/08 | Date of stock acquisition and disposition. |
| 2024/03/11 | Date of stock disposition. |
| 2024/03/12 | Date of signature on the Form 4 filing. |
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