FINNERTY WILLIAM J 4
4 · Delek US Holdings, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Delek US (DK) Director William J. Finnerty Sells 5,000 Shares
What Happened
William J. Finnerty, a director of Delek US Holdings, sold 5,000 shares in an open-market transaction on June 29, 2026 at $51.50 per share, generating proceeds of $257,500. The filing reports this as a sale (code S) and notes the transaction was executed pursuant to a 10b5-1 plan.
Key Details
- Transaction date and price: June 29, 2026 — 5,000 shares at $51.50 each.
- Total value: $257,500.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The sale was made under a Rule 10b5-1 trading plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Filing timeliness: Form 4 was filed July 1, 2026 (appears timely; Form 4s are generally required within two business days).
Context
Sales executed under pre-established 10b5-1 plans are typically routine and intended to provide an affirmative defense against accusations of trading on material nonpublic information. A director sale is not by itself a clear negative signal about company prospects—retail investors should consider this alongside other insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-29$51.50/sh−5,000$257,500→ 34,805 total
Footnotes (1)
- [F1]This transaction was made pursuant to a 10b5-1 plan and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).