Form 4: Delek US Holdings Grants EVP Spiegel 9,842 Restricted Stock Units

Delek US Holdings, Inc. reported an equity grant of 9,842 restricted stock units to EVP Reuven Spiegel, vesting over three years.

Summary

• Reuven Spiegel, Executive Vice President of Special Projects at Delek US Holdings, Inc. (DK), was granted 9,842 shares of common stock.
• The transaction occurred on March 10, 2026, with a reported acquisition price of $0 per share, typical for restricted stock unit grants.
• These shares represent time-vesting restricted stock units that will vest over a three-year period.
• Following this transaction, Reuven Spiegel beneficially owns a total of 58,372 shares of Delek US Holdings, Inc. common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting standard executive compensation practices aimed at retaining talent and aligning management's interests with long-term shareholder value, without indicating any significant operational or financial changes.

Positives

• The grant of restricted stock units aligns the executive's interests with long-term shareholder value through a three-year vesting schedule.
• This form of compensation serves as a retention mechanism for key management personnel, ensuring continuity in leadership.

Future Outlook

The granted restricted stock units are subject to a three-year vesting schedule, indicating a future commitment and alignment of the executive's incentives with the company's long-term performance.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units to an executive is a standard practice in corporate compensation across various industries, including the energy sector, designed to incentivize long-term performance and retain key talent. This aligns with typical executive compensation structures seen in publicly traded companies.

Comparison to Industry Standards

• The grant of restricted stock units with a multi-year vesting schedule is a common executive compensation tool, comparable to practices at peers like Marathon Petroleum (MPC) or Valero Energy (VLO), which also utilize equity awards to align executive interests with shareholder returns.
• A $0 grant price for RSUs is standard across the industry, reflecting that the value is derived from the underlying stock price at vesting, rather than an upfront purchase.

Stakeholder Impact

• Shareholders: The grant represents a form of executive compensation, which can lead to minor dilution over time but is intended to incentivize management for long-term value creation.
• Employees (Executive): Reuven Spiegel benefits directly from the equity grant, enhancing his personal stake in the company's performance and providing a retention incentive.

Next Steps

• The granted restricted stock units will vest over a three-year period, subject to the terms and conditions of the grant.

Key Dates

Keywords

Delek US Holdings, DK, Reuven Spiegel, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, Equity Grant, Form 4, SEC Filing