SCHEDULE: Vanguard Group Adjusts Delek US Holdings Ownership Reporting

The Vanguard Group reports 0% beneficial ownership in Delek US Holdings Inc. following an internal organizational realignment.

Summary

• The Vanguard Group filed an Amendment No. 10 to its Schedule 13G for Delek US Holdings Inc. common stock.
• The filing indicates that The Vanguard Group now beneficially owns 0% of Delek US Holdings Inc. common stock, representing 0% of the class.
• This change is a result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of Vanguard will now report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event for Delek US Holdings Inc., as the change in beneficial ownership by The Vanguard Group is attributed to an internal organizational realignment rather than a change in investment thesis regarding the issuer.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that changes in institutional ownership, especially from major players like The Vanguard Group, can sometimes signal shifts in investment strategy or portfolio rebalancing. However, in this specific instance, the change is explicitly attributed to an internal organizational realignment within Vanguard, suggesting it is not a direct commentary on Delek US Holdings Inc.'s performance or prospects but rather an administrative adjustment in reporting.

Stakeholder Impact

• Shareholders: May observe a change in the reported institutional ownership structure, but the underlying investment by Vanguard's broader managed entities likely continues under separate reporting.
• Regulatory Authorities: The SEC is informed of the change in reporting structure in compliance with regulatory requirements.

Next Steps

• Certain Vanguard subsidiaries and/or business divisions will report beneficial ownership of Delek US Holdings Inc. separately on a disaggregated basis in reliance on SEC Release No. 34-39538.

Key Dates

Recommendation

The filing primarily details an internal organizational realignment within The Vanguard Group, leading to a change in how their beneficial ownership of Delek US Holdings Inc. is reported. It does not provide new fundamental information about Delek US Holdings Inc. that would warrant a change in investment recommendation. Therefore, a seasoned investor would likely maintain their current position, awaiting further fundamental news from the issuer.

Keywords

Vanguard Group, Delek US Holdings, Schedule 13G, Beneficial Ownership, Institutional Ownership, SEC Filing, Common Stock, Ownership Change