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Brentwood Today
By the People, for the People
Delek US Executive Vice President Sells Nearly $500K in Stock
Denise Clark Mcwatters sold over 11,000 shares of the oil and gas company's stock.
Mar. 19, 2026 at 9:13am
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Delek US Holdings, Inc. (NYSE:DK) Executive Vice President Denise Clark Mcwatters sold 11,988 shares of the company's stock on March 13th, 2026 for a total value of $495,464.04. The sale represented a 13.91% decrease in Mcwatters' position in the company. Delek US is an independent downstream energy company engaged in refining, logistics, and marketing of petroleum products, operating a network of inland refineries, storage terminals, pipelines, and convenience stores.
Why it matters
Insider transactions, such as this sale by a high-level executive, can provide insights into a company's performance and outlook from those closest to the business. The sale may signal the executive's confidence in the company's near-term prospects or a desire to diversify their personal holdings.
The details
Mcwatters sold the 11,988 shares at an average price of $41.33, resulting in total proceeds of $495,464.04. Following the sale, Mcwatters still owns 74,196 shares in the company, valued at $3,066,520.68. Delek US's stock price opened at $45.53 on the day of the transaction, near its 52-week high of $45.74.
- The shares were sold on Friday, March 13th, 2026.
The players
Denise Clark Mcwatters
Executive Vice President of Delek US Holdings, Inc.
Delek US Holdings, Inc.
An independent downstream energy company engaged in refining, logistics, and marketing of petroleum products, operating a network of inland refineries, storage terminals, pipelines, and convenience stores.
The takeaway
This insider sale by a high-ranking Delek US executive may signal confidence in the company's near-term performance or a desire to diversify personal holdings, providing insight into the company's outlook from those closest to the business.
