Equity-Based Compensation |
6 Months Ended |
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Jun. 30, 2026 | |
| Share-Based Payment Arrangement [Abstract] | |
| Equity-Based Compensation | Equity-Based Compensation Delek US Holdings, Inc. 2026 and 2016 Long-Term Incentive Plans (collectively, the "Incentive Plans") On April 20, 2026 (the "Effective Date"), the Company's stockholders approved the 2026 Long-Term Incentive Plan (the “2026 Plan”), replacing the 2016 Long-Term Incentive Plan (the “Prior Plan”), under which no further awards will be made. The 2026 Plan permits grants of stock options, stock appreciation rights, restricted stock awards, restricted stock units ("RSUs"), performance-based RSUs, and other forms of stock-based awards. Shares available for grant under the 2026 Plan consist of (i) 1,300,000 shares of common stock, (ii) 3,738,087 shares remaining available under the Prior Plan as of the Effective Date, and (iii) any shares subject to outstanding Prior Plan awards that are subsequently forfeited, terminated, expired, lapsed without exercise (as applicable), or settled in cash. Compensation expense related to equity-based awards granted under the Incentive Plans was $5.2 million and $10.7 million for the three and six months ended June 30, 2026, respectively, compared to $6.1 million and $12.0 million for the three and six months ended June 30, 2025, respectively, and is included in general and administrative expenses and operating expenses in the accompanying condensed consolidated statements of income. As of June 30, 2026, there was $34.9 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements, which is expected to be recognized over a weighted-average period of 2.0 years. During the three and six months ended June 30, 2026, we issued 375,267 and 1,792,050 net shares of common stock, respectively, as a result of exercised or vested equity-based awards, compared to 415,334 and 476,484 for the three and six months ended June 30, 2025, respectively. These amounts are net of 212,083 and 1,004,138 shares withheld to satisfy employee tax obligations related to the exercises and vesting during the three and six months ended June 30, 2026, respectively, and 167,910 and 193,640 shares during the three and six months ended June 30, 2025, respectively.
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