Delek US CEO Sells $2M in Shares

Insider selling represents 16.57% decrease in CEO's stake

Published on Mar. 6, 2026

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Delek US Holdings, Inc. (NYSE:DK) CEO Avigal Soreq sold 50,000 shares of the company's stock on March 3, 2026 for a total transaction value of $2,054,000. Following the sale, Soreq now directly owns 251,678 shares in the company, valued at approximately $10,338,932.

Why it matters

Insider selling transactions can provide insight into management's views on a company's prospects. While a single transaction does not necessarily indicate a broader trend, significant insider sales may signal that executives are less optimistic about the company's future performance.

The details

The shares were sold at an average price of $41.08 per share. The sale represented a 16.57% decrease in Soreq's ownership stake in Delek US. The transaction was disclosed in a filing with the Securities and Exchange Commission.

  • The shares were sold on Tuesday, March 3, 2026.

The players

Avigal Soreq

CEO of Delek US Holdings, Inc.

Delek US Holdings, Inc.

An independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This insider selling transaction by Delek US' CEO may signal that he is less optimistic about the company's future prospects, though a single transaction does not necessarily indicate a broader trend. Investors should continue to monitor Delek US' financial performance and any further insider trading activity.