Form 4: Delek US Holdings Director Tolson Reports Stock Transactions
SEC Form 4 Filing
Director Laurie Z. Tolson reports acquisition and disposal of Delek US Holdings stock on June 10, 2024.
Summary
- On June 10, 2024, Laurie Z. Tolson, a director of Delek US Holdings, Inc., acquired 5,827 shares of common stock at a price of $24.88 per share.
- On the same day, Tolson disposed of 604 shares of common stock at a price of $24.14 per share.
- These transactions were made pursuant to a 10b5-1 plan adopted on September 13, 2023.
- Following these transactions, Tolson beneficially owns 15,753 shares of Delek US Holdings, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock transactions by a company director. The transactions are part of a pre-arranged trading plan.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to the market regarding the buying and selling activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into insider sentiment, but the pre-arranged nature of the 10b5-1 plan mitigates the significance.
Key Dates
| Date | Description |
|---|---|
| 09/13/2023 | Date of adoption of the 10b5-1 plan. |
| 06/10/2024 | Date of stock acquisition and disposal. |
| 06/12/2024 | Date of signature on the Form 4 filing. |
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