Company: DK
Filing Date: 2025-05-01
Form Type: 8-K
Source: 0001694426-25-000053
Chunk: 0

Company: Delek US Holdings, Inc.
Filing Date: 2025-05-01
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 18, 2025, the Board of Directors of Delek US Holdings, Inc. (the “ Company”) approved, subject to stockholder approval, an amendment (the “ Sixth Amendment”) to the 2016 Long-Term Incentive Plan, as amended (the “2016 Plan”). As described below, the Company’s stockholders approved the Sixth Amendment at the Company’s 2025 Annual Meeting of Stockholders (the “ Annual Meeting”) held on April 29, 2025.

The Sixth Amendment modifies the 2016 Plan to increase the number of shares reserved for issuance under the 2016 Plan by an additional 1,900,000 shares, increasing the total number of shares under the 2016 Plan from 17,010,000 shares to 18,910,000 shares. The outstanding awards under the 2016 Plan continue to remain outstanding in accordance with their terms. The Sixth Amendment and the 2016 Plan are described in the section entitled “ Proposal 3: Approval of the Proposed Amendment to our 2016 Long-Term Incentive Plan to Increase the Number of Shares Available for Issuance Thereunder” of the Company’s Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on March 20, 2025, and which is incorporated by reference herein.

The foregoing description of the Sixth Amendment is qualified in its entirety by reference to the full text of the Sixth Amendment, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.