Delek Logistics Partners, LP·4

Mar 12, 8:04 PM ET

Spiegel Reuven 4

Research Summary

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Updated

Delek Logistics (DKL) EVP Spiegel Reuven Receives 7,544 RSU Award

What Happened
Spiegel Reuven, Executive Vice President and director of Delek Logistics Partners, LP (DKL), was granted 7,544 restricted stock units (RSUs) on 2026-03-10. The RSUs show an acquisition price of $0.00 (no cash exchanged at grant). These are an award (transaction code A), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (filed timely).
  • Reported grant: 7,544 RSUs @ $0.00 (total reported value at grant = $0 on the Form 4).
  • Footnote F1: These are time-vesting RSUs that vest over three years.
  • Shares owned after the transaction: not specified in the provided filing.
  • No 10b5-1 plan, tax‑withholding sale, or immediate sale reported in this filing.

Context
RSUs are awards that typically convert to actual shares as they vest and may be forfeited if service requirements aren’t met. Grants like this are common as compensation and alignment with shareholders; they do not represent an immediate market purchase or sale and therefore are not a direct near‑term bullish or bearish trade signal.