Delek Logistics (NYSE: DKL) chair receives 2,476-unit equity grant at $52.49
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek Logistics Partners, LP chairman Ezra Uzi Yemin reported a compensation-related grant of 2,476 Common Units representing limited partner interests. The award was acquired at $52.49 per unit and increased his direct holdings to 53,701.268 units. He also has indirect ownership of 162,217 units held by Yemin Investments, LP, reflecting a mix of direct and partnership-held interests rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Yemin Ezra Uzi
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Units representing limited partner interest | 2,476 | $52.49 | $130K |
| holding | Common Units representing limited partner interests | -- | -- | -- |
Holdings After Transaction:
Common Units representing limited partner interest — 53,701.268 shares (Direct, null);
Common Units representing limited partner interests — 162,217 shares (Indirect, By Yemin Investments, LP)
Footnotes (1)
Key Figures
Equity grant size: 2,476 units
Grant price: $52.49 per unit
Direct holdings after grant: 53,701.268 units
+1 more
4 metrics
Equity grant size
2,476 units
Common Units grant under code A
Grant price
$52.49 per unit
Value assigned to awarded Common Units
Direct holdings after grant
53,701.268 units
Direct Common Units held after transaction
Indirect holdings
162,217 units
Common Units held by Yemin Investments, LP
Key Terms
Common Units representing limited partner interests, grant/award acquisition, indirect ownership, Form 4
4 terms
Common Units representing limited partner interests financial
"security_title: "Common Units representing limited partner interests""
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for code A"
indirect ownership financial
"ownership_type: "indirect" for units held by Yemin Investments, LP"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Delek Logistics (DKL) report for Ezra Uzi Yemin?
Delek Logistics reported that chairman Ezra Uzi Yemin received a grant of 2,476 Common Units representing limited partner interests. This was recorded as a grant or award acquisition, not an open-market purchase or sale, reflecting compensation rather than trading activity.
At what price were the new Delek Logistics (DKL) units granted to Ezra Uzi Yemin?
The 2,476 Common Units granted to Ezra Uzi Yemin were valued at $52.49 per unit. This price reflects the transaction value used for the compensation award recorded in the Form 4 and helps quantify the scale of the reported equity grant.
How many Delek Logistics (DKL) units does Ezra Uzi Yemin now hold directly?
Following the grant, Ezra Uzi Yemin directly holds 53,701.268 Common Units. This figure represents his direct ownership position in Delek Logistics Partners, LP after the award, separate from any additional units held indirectly through affiliated entities.
What indirect Delek Logistics (DKL) holdings are associated with Ezra Uzi Yemin?
The Form 4 shows 162,217 Common Units held indirectly by Yemin Investments, LP. These units are reported as indirect ownership associated with Ezra Uzi Yemin, distinguishing them from his personally held direct units disclosed in the same filing.
Was the Delek Logistics (DKL) Form 4 transaction a market buy or sell?
No, the Form 4 classifies the reported transaction as a grant or award acquisition under code A, not an open-market buy or sell. It reflects equity compensation being awarded rather than a discretionary trade in Delek Logistics units.