Delek US (DK) EVP Mark Hobbs Sells 20,000 Shares

What Happened
Mark Wayne Hobbs, Executive Vice President of Delek Logistics at Delek US Holdings (DK), sold a total of 20,000 DK shares in two open‑market transactions on August 17, 2026. He sold 15,124 shares for approximately $973,441 (weighted avg $64.36) and 4,876 shares for approximately $318,325 (weighted avg $65.28), bringing total proceeds to about $1,291,766. These were sales (not purchases).

Key Details

• Transaction date: 2026-08-17 (reported 2026-08-18) — filing appears timely.
• Trades:
  • 15,124 shares sold, weighted avg price $64.36; proceeds $973,441. (F2: sale prices ranged $63.75–$64.74.)
  • 4,876 shares sold, weighted avg price $65.28; proceeds $318,325. (F3: sale prices ranged $64.79–$65.53.)
• Total shares sold: 20,000; total proceeds: ~$1,291,766.
• Transaction code: S = Sale (open market or private sale per filing).
• Footnote F1: Transactions executed pursuant to a Rule 10b5‑1 trading plan; these sales complete that plan.
• Shares owned after the transactions: Not specified in the provided filing excerpt.

Context
Sales made under a 10b5‑1 plan are preplanned and intended to provide an affirmative defense under Rule 10b5‑1; that tends to limit how much the sale can be interpreted as a real‑time signal about the insider’s view. For retail investors, purchases often carry more informational weight than routine, preplanned sales.