Soreq Avigal 4

What Happened

• Avigal Soreq, President & CEO and a director of Delek US Holdings (DK), exercised stock options on 2026-02-27, resulting in the issuance of 186,666 shares at an exercise price of $38.11 per share (total $7,113,841). To cover tax withholding obligations, 73,466 of those shares were withheld (disposed) at the same $38.11 per-share value (total $2,799,789). Net shares issued to Soreq after withholding: 113,200.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-02.
• Exercise (code M): 186,666 shares acquired at $38.11 each — value reported $7,113,841.
• Tax withholding (code F): 73,466 shares withheld at $38.11 each — value reported $2,799,789.
• Net shares received by insider: 113,200 (186,666 acquired minus 73,466 withheld).
• Footnote: F1 indicates the 73,466 shares were withheld to satisfy tax withholding upon vesting of equity awards.
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was an options exercise with shares withheld for taxes (a common method to cover tax liabilities), not an open‑market sale or purchase. Such exercises are routine for option holders and do not necessarily signal a change in view on the company; they reflect the insider exercising vested equity.