The insider selling is too small relative to market cap to be a meaningful signal. Monitor for any upcoming earnings or operational updates that could explain the sales, but the historical pattern of DK drifting higher after neutral filings (88% win rate at T+20) suggests no bearish read-through from this cluster.
Price Chart
Executive Summary
A cluster of insider selling at Delek US Holdings over the past week, with the CEO, two EVPs, and two directors collectively selling $2.12M in open-market transactions. The CEO's $879K sale and the EVP's $682K sale are the largest trades, representing 0.05% of the $4.2B market cap — a trivial proportion that falls below the 0.1% materiality threshold. Per academic literature, insider sales are weak predictors on average, and this cluster's dollar value is too small relative to market cap to be informative, especially given the 88% win rate on prior neutral calls for DK at T+20.
Key Financial Metrics
Key Facts
- 5 insiders sold $2.12M total in open-market transactions over 7 days
- CEO Avigal Soreq sold $879K (13.1K shares at $67.20)
- EVP Reuven Spiegel sold $682K (10K shares at $68.21)
- Total sales represent ~0.05% of DK's $4.2B market cap — well below the 0.1% materiality threshold
- No insider purchases in the cluster; all trades are open-market sales
- Prior neutral reports on DK have an 88% win rate at T+20, suggesting the stock tends to drift higher after routine filings
Financial Impact
Total insider sales of $2.12M represent 0.05% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if the stock continues to rise, but current volume is routine
- No purchases to offset the selling — a one-sided cluster
- CEO selling could be misinterpreted by the market despite being immaterial
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DK-1787706105427 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 16d ago | Insider Cluster | $79.16 $72.26 | ▼ −8.72% | ▼ −10.54% | $74.19 (−6.28%) |
Sep 10, 2026 22d ago | Insider Cluster | $74.89 $81.55 | ▲ +8.89% | ▲ +9.39% | $74.19 (−0.93%) |
Sep 4, 2026 28d ago | 144 | $71.86 $74.47 | ▲ +3.63% | ▲ +4.84% | $74.19 (+3.24%) |
Sep 1, 2026 4w ago | 144 | $73.34 $75.28 | ▲ +2.65% | ▲ +2.56% | $74.19 (+1.16%) |
Aug 28, 2026 5w ago | 144 | $72.25 $71.86 | ▼ −0.54% | ▼ −0.65% | $74.19 (+2.69%) |
Aug 27, 2026 5w ago | Insider Cluster | $70.26 $72.40 | ▲ +3.05% | ▲ +2.78% | $74.19 (+5.59%) |
Aug 26, 2026 5w ago | Insider Cluster | $70.84 $71.45 | ▲ +0.86% | ▲ +0.98% | $74.19 (+4.73%) |
Aug 26, 2026 5w ago | Insider Cluster | $70.84 $71.45 | ▲ +0.86% | ▲ +0.98% | $74.19 (+4.73%) |
Aug 24, 2026 5w ago | 144 | $68.08 $74.34 | ▲ +9.20% | ▲ +8.73% | $74.19 (+8.97%) |
Aug 21, 2026 6w ago | 144 | $71.47 $72.25 | ▲ +1.09% | ▲ +0.62% | $74.19 (+3.81%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access