Form 4: Delek Logistics EVP Hobbs Sells Units for Tax Withholding
Insider Transaction Report
Delek Logistics Partners EVP Mark Wayne Hobbs disposed of 663 common units for tax withholding purposes related to equity award vesting.
Summary
- Mark Wayne Hobbs, Executive Vice President (EVP) of Delek Logistics Partners, LP, disposed of 663 common units.
- The transaction occurred on September 10, 2025, at a price of $43.99 per unit.
- This disposition was specifically for tax withholding purposes upon the vesting of equity awards.
- Following this transaction, Mr. Hobbs beneficially owns 16,682 common units directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment and expected as part of executive compensation.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
- No direct impact on employees, customers, suppliers, or creditors mentioned.
Key Dates
| Date | Description |
|---|---|
| 09/10/2025 | Date of transaction for disposition of common units. |
| 09/12/2025 | Date of signature for the filing. |
Keywords
Delek Logistics Partners, DKL, Mark Wayne Hobbs, EVP, Insider Transaction, Form 4, Equity Award Vesting, Tax Withholding, Common Units
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