Form 4: Delek US Holdings Executive Sells Shares Under Pre-Arranged Trading Plan

Reuven Spiegel, EVP of Special Projects at Delek US Holdings, Inc., sold 700 shares of common stock for $24.00 per share on July 7, 2025, pursuant to a Rule 10b5-1 trading plan.

Summary

• Reuven Spiegel, Executive Vice President of Special Projects at Delek US Holdings, Inc. (DK), reported a sale of company common stock.
• The transaction involved the disposition of 700 shares of common stock.
• The shares were sold at a price of $24.00 per share.
• The transaction date was July 7, 2025.
• Following this sale, Reuven Spiegel beneficially owns 52,929 shares of Delek US Holdings, Inc. common stock directly.
• The sale was executed under a Rule 10b5-1 trading plan, which was adopted on March 6, 2025.

Sentiment

Score: 5

Explanation: The Form 4 reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is generally considered neutral as it does not imply new information or a change in management's outlook.

Positives

• The transaction was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale rather than a discretionary sale based on immediate market conditions or new non-public information.

Negatives

• An executive, Reuven Spiegel, sold 700 shares of common stock, reducing his direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, potentially perceived neutrally due to the 10b5-1 plan.

Key Dates

Keywords

Delek US Holdings, DK, Reuven Spiegel, insider trading, Form 4, SEC filing, stock sale, 10b5-1 plan, executive compensation, beneficial ownership