Wright Robert G. 4

What Happened

• Robert G. Wright, Chief Financial Officer of Delek Logistics Partners, LP (DKL), received equity awards on March 10, 2026 totaling 4,279 restricted stock units (RSUs). The filing shows two award entries: 2,357 time-vesting RSUs and 1,922 performance-based RSUs. To cover tax withholding on the vesting, 831 shares were delivered/withheld at a reported price of $53.02 (disposed) for proceeds of about $44,060.
• These entries are coded as awards/grants (A) with an acquisition price of $0.00 (typical for RSU vesting). The withholding (code F) is a routine tax-related disposition, not an open-market sale.

Key Details

• Transaction date(s): 2026-03-10; Form 4 filed 2026-03-12 (filed timely).
• Awards: 2,357 time-vesting RSUs (vest over three years) and 1,922 performance-based RSUs (per footnotes F1–F2).
• Tax withholding: 831 shares withheld/disposed at $53.02 each for ~$44,060 (footnote F3).
• Net shares added: 4,279 awarded − 831 withheld = 3,448 net newly acquired RSUs.
• Shares owned after the transaction: not disclosed in the filing.
• No 10b5-1 plan or late-filing indication in this report.

Context

• These transactions reflect equity compensation vesting (awards), not a market purchase or a discretionary sale. Withholding of shares to cover taxes is a common administrative step and does not necessarily signal a change in insider sentiment.
• When RSUs vest, companies often withhold shares for taxes rather than requiring cash payment; the reported $0.00 acquisition price is standard for vested RSUs, while the withholding is reported as a disposition at the market price.