Soreq Avigal 4

What Happened

• Soreq Avigal, President and Director of Delek Logistics Partners, LP (DKL), received a grant of 21,218 restricted stock units (RSUs) on 2026-03-10 (transaction code A). On the same date, 2,201 shares were disposed (transaction code F) as shares withheld to cover tax on vested equity, reported at $53.02 per share (total value reported for the withholding: $116,697). The RSU grant is described as time-vesting over three years.

Key Details

• Transaction date(s): 2026-03-10 (reported on Form 4 filed 2026-03-12)
• Grant: 21,218 RSUs (A) — grant price reported as $0.00 (typical for RSU awards)
• Tax withholding: 2,201 shares withheld (F) at $53.02 each, value $116,697
• Shares owned after transaction: Not disclosed in the provided filing excerpt
• Footnotes: F1 = grant of time-vesting RSUs that vest over three years; F2 = shares withheld for tax purposes upon vesting
• Timeliness: Form 4 was filed two days after the transaction date (appears timely; Form 4s are generally due within two business days)

Context

• RSU grants are compensation and not a cash purchase signal; withholding of shares to cover taxes upon vesting is routine and does not necessarily indicate an insider selling for cash. For investors, grants show how the company compensates executives but are less informative about immediate insider sentiment than open-market purchases or outright sales.