Spiegel Reuven 4
4 · Delek Logistics Partners, LP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Delek Logistics (DKL) EVP Reuven Spiegel Sells 250 Shares
What Happened Reuven Spiegel, Executive Vice President and a director of Delek Logistics Partners, LP (DKL), sold 250 common units/shares on February 4, 2026. The shares were disposed at $52.38 per share for a total transaction value of $13,095. The filing indicates the sale was made pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-02-04
- Transaction type: Sale (open-market or private sale) — 250 shares at $52.38 each; total proceeds $13,095
- 10b5-1 plan: Sale executed under a 10b5-1 plan adopted March 6, 2025 (footnote states this is intended to satisfy the affirmative defense of Rule 10b5-1(c))
- Shares owned after transaction: Not disclosed in the provided filing details
- Filing date: 2026-02-06 (filed two days after the transaction; appears timely under Form 4 rules)
Context Sales made under 10b5-1 plans are typically pre-arranged and can be routine, providing the insider an affirmative defense against accusations of insider trading. Sales do not necessarily indicate a change in the insider’s view of the company; retail investors should consider broader insider activity and company fundamentals before drawing conclusions.
Insider Transaction Report
- Sale
Common Units
[F1]2026-02-04$52.38/sh−250$13,095→ 22,740 total
Footnotes (1)
- [F1]This transaction for the sale of 250 shares at a price of $52.38 per share was made pursuant to a 10b5-1 plan adopted on March 6, 2025, and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).