Delek CFO exercises and withholds DK shares
Delek US Holdings EVP and CFO Mark Wayne Hobbs reported a mix of equity transactions in company common stock.
Rhea-AI Filing Summary
Delek US Holdings EVP and CFO Mark Wayne Hobbs reported a mix of equity transactions in company common stock. He acquired 75,999 shares through an exercise or conversion of derivative securities at $38.11 per share. On the same date, 30,009 shares were disposed of in a transaction coded as tax withholding, at the same price, with a footnote stating these shares were withheld for tax purposes upon vesting of equity awards. After these transactions, his directly held ownership was reported as 111,873 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hobbs Mark Wayne
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 75,999 | $38.11 | $2.90M |
| Exercise Price or Tax Liability | Common Stock | 30,009 | $38.11 | $1.14M |
Holdings After Transaction:
Common Stock — 111,873 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for tax purposes upon vesting of equity awards.
FAQ
What insider transactions did Delek US (DK) CFO Mark Wayne Hobbs report?
Mark Wayne Hobbs reported exercising derivative securities to acquire 75,999 shares of Delek US common stock at $38.11 per share and a related tax-withholding disposition of 30,009 shares, both dated February 27, 2026.
Were the Delek US (DK) insider transactions open-market buys or sells?
The transactions were not open-market trades. One was an exercise or conversion of derivative securities to acquire shares, and the other was a tax-withholding disposition of shares delivered to satisfy tax obligations upon vesting of equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.