Denise Clark McWatters, who serves as Executive Vice President, General Counsel and Corporate Secretary at Delek US Holdings (NYSE: DK), completed a transaction on March 13, 2026, selling 11,988 shares of common stock for total proceeds of $495,464. The shares were sold at $41.33 apiece. After this disposition, McWatters retains direct ownership of 74,196 shares of Delek US Holdings.
These insider selling details come amid the company’s recently released fourth-quarter 2025 financial results, which presented a mixed picture for investors and analysts focused on the energy and midstream sectors.
Quarterly results at a glance
- Adjusted earnings per share - $2.31, ahead of the analysts’ expectation of -$0.07.
- Revenue - $2.43 billion, below the expected $2.55 billion, a 4.71% negative surprise.
The company’s adjusted EPS performance notably exceeded consensus, while revenue lagged forecasts. The divergence between profit metrics and top-line results has been highlighted in investor commentary as a key element of the quarter.
While the earnings outperformance has piqued market attention, the reported revenue shortfall is an explicit point of uncertainty for stakeholders assessing the company’s near-term operational trajectory.
Context and implications
The insider sale by a senior executive is recorded alongside the company’s mixed quarterly report. The transaction and the quarter’s financials are separate factual items reported by the company: one is a change in an executive’s holdings, the other is the set of consolidated results for Q4 2025.
This account limits itself to the disclosed transaction and the reported quarter-over-quarter financial figures. No additional claims about causation or future performance are made beyond what the company publicly reported.
Additional notes
The information presented above is drawn from the disclosed insider transaction and the company’s reported fourth-quarter 2025 results. Where details in the source material are limited, this article reflects those limitations rather than introducing new data or assumptions.