Form 4: Delek US Holdings Executive Denise Clark McWatters Reports Stock Disposal for Tax Obligations
SEC Filing
Denise Clark McWatters, EVP, Gen Counsel & Corp Sec of Delek US Holdings, reports disposing of 638 shares of common stock to cover tax obligations upon vesting of awards.
Summary
- On September 10, 2024, Denise Clark McWatters, EVP, Gen Counsel & Corp Sec of Delek US Holdings, disposed of 638 shares of common stock.
- The transaction was executed to cover taxes due upon the vesting of previously granted awards.
- The price per share was $19.35.
- Following the transaction, McWatters directly owns 41,668 shares of Delek US Holdings.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This filing indicates a routine transaction to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of stock disposal transaction |
| 09/12/2024 | Date of signature on the report |
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