Delek Logistics CFO Buys 1,500 Shares for $75,000. Here's a Closer Look at the Transaction.
The insider's purchase expands his direct stake by a substantial 23%.
Delek Logistics Partners, a prominent midstream energy infrastructure company, saw its CFO, Robert G. Wright, make a notable stock purchase on August 13, 2026. According to a recent SEC Form 4 filing, Wright acquired 1,500 shares of the company's common units at an average weighted price of $50.00 per share, totaling a transaction value of $75,000.
Comparatively, the market closed at $52.30 per share on that day, making the post-transaction value $8,250 higher than the average purchase price. Delek Logistics Partners operates a substantial logistics platform valued at $1.2 billion in trailing 12-month revenue, with a market capitalization of $2.9 billion. The company provides essential transportation and marketing services for petroleum products, utilizing its extensive pipeline network and terminalling facilities to enhance value across the crude oil and refined products supply chain.
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