Delek US Energy, Inc. 4

4 · Delek Logistics Partners, LP · Filed May 22, 2026

AI-generated summary of this filing

Updated May 22, 2026

Delek Logistics (DKL) 10% Owner Delek US Disposes 602,447 Units

What Happened

Delek US Holdings, Inc. (a 10% owner of Delek Logistics Partners, LP — ticker DKL) disposed of a total of 602,447 common units in two issuer transactions. On March 17, 2025, Delek Logistics repurchased 243,075 units from Delek US for $10.0 million (those units were cancelled/retired). On April 1, 2026, Delek US transferred 359,372 units to Delek Logistics as partial payment for a Tyler refinery tank valued at $19.0 million (those units were placed into treasury). Combined consideration is about $29.0 million. The Form 4 reports these dispositions (code D — disposition to issuer).

Key Details

Transaction dates and consideration:
- 2025-03-17 — 243,075 units repurchased for $10.0M (~$41.15/unit); units cancelled/retired. (Footnote F1)
- 2026-04-01 — 359,372 units issued to Delek Logistics as payment for a refinery tank valued at $19.0M (~$52.89/unit); units placed into treasury. (Footnote F3)
Shares owned after transactions (per filing footnote F2):
- Delek Energy directly: 23,045,868 units
- Delek Logistics Services Company (DLSC) directly: 10,462,963 units
- Delek US may be deemed to beneficially own those holdings (total beneficial = 33,508,831 units)
Filing/Timing:
- Form 4 filed on 2026-05-22 reporting the above transactions (the March 2025 repurchase was disclosed earlier in the issuer’s 2025 Form 10‑K; this Form 4 consolidates reporting). The Form 4 was filed well after the March 17, 2025 repurchase and roughly seven weeks after the April 1, 2026 transfer; Form 4s are normally required within days of the transaction.
Filers: This Form 4 is filed jointly by Delek US, Delek Energy, and DLSC (Footnote F2).

Context

These are institutional/affiliate dispositions (Delek US is a 10% owner), not routine insider sales by an individual executive. The March 2025 repurchase reduced outstanding units (cancelled/retired); the April 2026 transfer was an asset-for-units payment and resulted in units being placed in treasury.
Dispositions to the issuer (repurchases or transfers for assets) are corporate/structural transactions and don’t necessarily reflect managerial sentiment about the business in the same way a personal open-market sale might.

Form 4

Period: 2025-03-17

Director10% Owner

Transactions

Disposition to Issuer
Common Units
[F1][F2]
2025-03-17−243,075→ 33,868,203 total(indirect: See footnotes)
Disposition to Issuer
Common Units
[F3][F2]
2026-04-01−359,372→ 33,508,831 total(indirect: See footnotes)

Footnotes (3)

[F1]As previously disclosed in the Delek Logistics Partners, LP ("Delek Logistics") Annual Report on Form 10-K filed on February 27, 2026, on March 17, 2025, Delek Logistics repurchased 243,075 Common Units from Delek US Holdings, Inc. ("Delek US") for $10.0 million, and such Common Units were subsequently cancelled and retired by Delek Logistics.
[F2]This Form 4 is being filed jointly by Delek US, Delek US Energy, Inc. ("Delek Energy"), and Delek Logistics Services Company ("DLSC"). After giving effect to the transactions reported herein, Delek Energy owns 23,045,868 Common Units directly and DLSC owns 10,462,963 Common Units directly. Delek US directly owns 100% of the outstanding ownership interests of Delek Energy, and Delek Energy owns 100% of the outstanding ownership interests of DLSC. Delek US may therefore be deemed to beneficially own the securities of the Issuer owned directly by Delek Energy and DLSC.
[F3]As previously disclosed in the Delek Logistics Annual Report on Form 10-K filed on February 27, 2026, Delek Logistics had agreed to sell a Tyler refinery tank to Delek US on April 1, 2026, for $19.0 million. Delek US paid the purchase price with 359,372 Common Units, which were subsequently placed into treasury by Delek Logistics.

Signature

/s/ Misty Lavender, Attorney in Fact|2026-05-21

1 file