Spiegel Reuven 4

What Happened

• Reuven Spiegel, Executive Vice President and director at Delek Logistics Partners, LP (DKL), sold 250 common units/shares on March 4, 2026. The sale was at $53.20 per share, for gross proceeds of $13,300. This was a sale (not a purchase); such sales are often routine and may reflect prearranged plans rather than a change in insider sentiment.

Key Details

• Transaction date and price: March 4, 2026 — 250 shares sold at $53.20 each.
• Total value: $13,300 (gross proceeds).
• Shares owned after transaction: not reported in the information provided.
• Footnote: Transaction was made pursuant to a Rule 10b5-1 trading plan adopted March 6, 2025 and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Filing timeliness: Reported on Form 4 filed March 6, 2026 (filed within the typical two-business-day window).

Context

• Because this sale was executed under a pre-established 10b5-1 plan, it was likely a pre-scheduled trade. 10b5-1 plans allow insiders to sell at prearranged times and can limit the ability to infer current views about the company from the trade. As a single small sale (≈$13k), it is a routine insider disposition rather than a material signal about company prospects.