Hobbs Mark Wayne 4

What Happened Mark Wayne Hobbs, Chief Financial Officer of Delek US Holdings (DK), had 823 shares withheld to satisfy tax obligations related to vested equity awards. The withholding is reported as a disposition at $48.01 per share, totaling approximately $39,512, with the transaction dated 2026-06-10 and the Form 4 filed 2026-06-12. The filing notes the shares were withheld for tax purposes rather than sold on the open market.

Key Details

• Transaction date: 2026-06-10; Report filed: 2026-06-12 (appears timely, within the 2-business-day Form 4 window).
• Disposed: 823 shares at $48.01 per share; total value reported ≈ $39,512.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld for tax purposes upon vesting of equity awards.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).

Context This was a tax-withholding disposition tied to equity vesting (a routine administrative transaction) rather than a discretionary open-market sale. Such withholdings are common and do not necessarily reflect the insider’s view of the company’s prospects. Purchases by insiders tend to be more indicative of bullish sentiment than routine withholdings or sales for tax purposes.