Delek US Holdings Reports Officer/Director Changes, Comp Arrangements
Ticker: DK · Form: 8-K · Filed: Jan 18, 2024 · CIK: 1694426
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Delek US Holdings just filed an 8-K about leadership changes and pay, watch for strategic shifts.**
AI Summary
Delek US Holdings, Inc. filed an 8-K on January 18, 2024, reporting an event that occurred on January 16, 2024, related to the departure or election of directors or officers and their compensatory arrangements. This filing indicates potential changes in the company's leadership or executive compensation structure. For investors, this matters because changes in leadership can impact strategic direction and operational efficiency, while compensation adjustments can affect the company's financial health and executive incentives.
Why It Matters
Changes in executive leadership or compensation can signal shifts in company strategy or financial priorities, directly influencing investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future company direction and stability, posing a moderate risk to investors.
Analyst Insight
Investors should monitor Delek US Holdings, Inc.'s subsequent filings and press releases for specific details regarding the reported leadership changes and compensation arrangements to assess their potential impact on the company's strategic direction and financial health.
Key Numbers
- January 16, 2024 — Date of earliest event reported (when the reported changes in officers/directors or compensatory arrangements occurred)
- January 18, 2024 — Filing date (when the 8-K was filed with the SEC)
- $0.01 — par value per share (par value of Delek US Holdings' Common Stock)
Key Players & Entities
- Delek US Holdings, Inc. (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where Delek's Common Stock is registered
- 001-38142 (dollar_amount) — Commission File Number
- 35-2581557 (dollar_amount) — IRS Employer Identification No.
Forward-Looking Statements
- Delek US Holdings, Inc. will provide more specific details about the leadership changes and compensatory arrangements in future filings or press releases. (Delek US Holdings, Inc.) — high confidence, target: Q1 2024
- The market will react to the specifics of the leadership changes, potentially impacting DK's stock price. (DK stock) — medium confidence, target: Q1 2024
FAQ
What specific event did Delek US Holdings, Inc. report in this 8-K filing?
Delek US Holdings, Inc. reported an event concerning the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per Item 5.02 of Form 8-K.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 16, 2024.
What is the trading symbol for Delek US Holdings, Inc. common stock and on which exchange is it registered?
The trading symbol for Delek US Holdings, Inc. common stock is DK, and it is registered on the New York Stock Exchange.
What is the state of incorporation for Delek US Holdings, Inc.?
Delek US Holdings, Inc. is incorporated in Delaware.
What is the business address of Delek US Holdings, Inc. as stated in the filing?
The business address of Delek US Holdings, Inc. is 310 Seven Springs Way, Suite 500, Brentwood, Tennessee 37027.
Filing Stats: 620 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-18 16:57:16
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value DK New York Stock Exchange
Filing Documents
- dk-20240116.htm (8-K) — 27KB
- delekusboardannouncement_1.htm (EX-99.1) — 7KB
- dk-20240116_g1.jpg (GRAPHIC) — 767KB
- image_0.jpg (GRAPHIC) — 227KB
- 0001694426-24-000011.txt ( ) — 2328KB
- dk-20240116.xsd (EX-101.SCH) — 2KB
- dk-20240116_lab.xml (EX-101.LAB) — 25KB
- dk-20240116_pre.xml (EX-101.PRE) — 13KB
- dk-20240116_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release announcing the election of Ms. Benson to the Board dated January 18, 2024. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 18, 2024 DELEK US HOLDINGS, INC. /s/ Reuven Spiegel Name: Reuven Spiegel Title: Executive Vice President and Chief Financial Officer (Principal Financial Officer)