Form 4: Delek US Holdings Executive Reports Routine Tax-Related Stock Disposition

Denise Clark McWatters, EVP, General Counsel & Corporate Secretary of Delek US Holdings, Inc., reported the disposition of 464 shares of common stock for tax purposes.

Summary

• Denise Clark McWatters, Executive Vice President, General Counsel, and Corporate Secretary of Delek US Holdings, Inc. (DK), filed a Form 4 with the SEC.
• The filing details a transaction that occurred on June 10, 2025, involving the disposition of 464 shares of Delek US Holdings Common Stock.
• This disposition was marked with transaction code 'F', indicating that the shares were withheld for tax purposes upon the vesting of equity awards.
• The shares were disposed of at a price of $19.61 per share.
• Following this administrative transaction, Ms. McWatters directly beneficially owns 60,202 shares of Delek US Holdings Common Stock.

Sentiment

Score: 5

Explanation: The transaction reported is a routine tax withholding upon the vesting of equity awards, which is an administrative action and generally considered a neutral event. It does not reflect a discretionary sale or a change in the executive's confidence in the company.

Future Outlook

N/A. This Form 4 filing is a routine disclosure of an insider stock transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a standard regulatory disclosure of an insider's stock transaction, specifically a tax-related withholding. It does not provide broader insights into industry trends or competitive dynamics within the oil refining and marketing sector where Delek US Holdings operates.

Stakeholder Impact

• This routine tax-related disposition has minimal direct impact on shareholders, as it represents a small administrative transaction rather than a significant discretionary sale or a material change in the executive's overall ownership stake.

Key Dates

Keywords

Delek US Holdings, DK, Form 4, Insider Transaction, Stock Disposition, Executive Compensation, Tax Withholding, Common Stock, SEC Filing