4Accepted Sep 14, 8:16 PM ET
Delek US (DK) EVP Mark Hobbs Sells 1,227 Shares (Tax Withholding)
Accepted (ET)
8:16 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
4.9 KB
Summary
Delek US (DK) EVP Mark Hobbs Sells 1,227 Shares (Tax Withholding)
What Happened
Hobbs Mark Wayne, EVP of Delek Logistics (Delek US Holdings, DK), had 1,227 shares withheld to cover tax obligations related to vesting equity awards. The withheld shares are reported as a disposition at $74.89 per share for a total value of $91,890. This is a tax-withholding disposition (not an open-market sale) and is a routine post-vesting action.
Key Details
- Transaction date: 2026-09-10; Price: $74.89 per share; Total value: $91,890.
- Transaction type/code: F — shares withheld for tax purposes upon vesting (Footnote F1).
- Shares owned after the transaction: not specified in the filing.
- Filing date: 2026-09-14 (filed 4 days after the transaction; appears later than the typical 2-business-day Form 4 rule).
Context
This was a tax-withholding event tied to vested equity, commonly executed by withholding shares rather than selling on the open market. Such withholding is administrative and does not necessarily signal an insider's view on the company’s prospects.