Form 4: Delek CFO Sells Shares for Tax Withholding
Insider Transaction Report (Form 4)
Delek US Holdings' EVP and CFO, Mark Wayne Hobbs, disposed of 1,676 shares of common stock for tax purposes.
Summary
- Mark Wayne Hobbs, Executive Vice President and Chief Financial Officer of Delek US Holdings, Inc. (DK), reported a transaction.
- On September 10, 2025, Mr. Hobbs disposed of 1,676 shares of Delek US Holdings Common Stock.
- The disposition was for tax purposes upon the vesting of equity awards, with a price of $29.71 per share.
- Following this transaction, Mr. Hobbs beneficially owns 46,998 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax purposes upon equity award vesting, which is neutral in sentiment.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This routine insider transaction for tax purposes does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/10/2025 | Date of transaction where shares were disposed for tax purposes. |
| 09/12/2025 | Date the Form 4 filing was signed. |
Keywords
Delek US Holdings, DK, Mark Wayne Hobbs, CFO, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Equity Awards
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