McWatters Denise Clark 4
4 · Delek Logistics Partners, LP · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Delek Logistics (DKL) EVP Denise McWatters Sells 1,439 Shares to Cover Taxes
What Happened Denise Clark McWatters, EVP, General Counsel & Corporate Secretary of Delek Logistics Partners, had 1,439 common units/shares withheld to cover tax obligations tied to vesting of equity awards. The withholding was recorded as a disposition at $53.02 per share for a total value of approximately $76,296. This was a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-03-10; Filing date (Form 4): 2026-03-12 (timely).
- Price per share: $53.02; Shares withheld/disposed: 1,439; Total value: ~$76,296.
- Transaction code: F (shares withheld for tax withholding upon vesting). Footnote F1: represents shares withheld for tax purposes upon vesting of equity awards.
- Shares owned after transaction: not specified in the provided filing.
Context This was a cashless tax-withholding event associated with vested equity awards — common and administrative in nature. Such withholdings are routine and do not necessarily indicate a change in the insider’s view of the company; they are not the same as an open-market sale meant to raise cash or reposition holdings.
Insider Transaction Report
- Tax Payment
Common Units
[F1]2026-03-10$53.02/sh−1,439$76,296→ 15,827 total
Footnotes (1)
- [F1]Represents shares withheld for tax purposes upon vesting of equity awards.