Form 4: Delek US CFO Mark Hobbs Reports Stock Withholding

Delek US Holdings CFO Mark Wayne Hobbs reported the withholding of 823 shares to cover tax obligations related to equity vesting.

Summary

• Mark Wayne Hobbs, EVP and Chief Financial Officer of Delek US Holdings, Inc., executed a transaction on June 10, 2026.
• The transaction involved the disposition of 823 shares of common stock.
• The shares were withheld at a price of $48.01 per share.
• The transaction was conducted for tax withholding purposes upon the vesting of equity awards.
• Following this transaction, the reporting person maintains beneficial ownership of 124,326 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a mandatory tax withholding rather than a market-driven trade.

Positives

• The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of stock.
• The reporting person retains a significant equity stake of 124,326 shares in the company.

Negatives

• None identified; this is a standard tax-related withholding event.

Risks

• None identified; this is a standard tax-related withholding event.

Future Outlook

Not applicable; this is a retrospective disclosure of a completed transaction.

Industry Context

StockSavvy.ai notes that routine tax withholding filings by C-suite executives are standard corporate practice and do not typically signal changes in management sentiment or company outlook.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation and tax compliance practices observed across the energy and refining sectors.

Stakeholder Impact

• No material impact on shareholders or company operations.

Key Dates

Keywords

Delek US Holdings, DK, Form 4, Insider Trading, CFO, Equity Vesting