Hobbs Mark Wayne 4

What Happened
Mark Wayne Hobbs, Executive Vice President of Delek Logistics Partners, LP (DKL), had 350 shares withheld to cover tax liability related to vested equity. The withholding was recorded at $52.49 per share, for a total value of $18,372. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-06-10
• Price per share: $52.49; Total value: $18,372
• Transaction code: F (payment of exercise price or tax liability)
• Footnote: F1 — Represents shares withheld for tax purposes upon vesting of equity awards.
• Shares owned after transaction: Not specified in this filing.
• Filing date: Form 4 filed 2026-06-12 (two days after the transaction) — appears timely.

Context
Share withholding to cover taxes is a routine administrative action when equity awards vest. It reduces the insider’s reported share count but is not an indication of a market sale or a change in sentiment. For retail investors, purchases or open-market sales by insiders tend to be more informative than tax-withholding dispositions.