DK Form 4: CFO Mark Hobbs reports 1,450-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Delek US Holdings insider Mark Wayne Hobbs, the company’s EVP, Chief Financial Officer, reported a transaction on 10/01/2025 showing 1,450 shares of common stock were disposed of at a price of $32.48 per share. The filing lists 45,548 shares beneficially owned by Mr. Hobbs after the reported transaction. The filing uses transaction code F(1) and includes an explanation that the shares were withheld for tax purposes upon vesting of equity awards, indicating the disposition was a tax-related withholding rather than an open-market sale. The Form 4 is signed on behalf of the reporting person by an attorney-in-fact and records the officer relationship to the issuer, Delek US Holdings, Inc. (DK).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hobbs Mark Wayne
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,450 | $32.48 | $47K |
Holdings After Transaction:
Common Stock — 45,548 shares (Direct)
Footnotes (1)
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FAQ
What did Delek US Holdings (DK) CFO Mark Hobbs report on Form 4?
He reported the disposition of 1,450 shares at $32.48 per share on 10/01/2025, leaving 45,548 shares beneficially owned.
Does the Form 4 indicate this was an open-market sale by the officer?
No. The transaction code F(1) and the explanation show the shares were withheld for taxes upon vesting, not a discretionary open-market sale.
Who signed the Form 4 and when?
The form is signed by Misty Foy, Attorney in Fact on 10/02/2025.