STOCK TITAN

Delek US (NYSE: DK) CFO reports 823-share tax-withholding equity transaction

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Delek US Holdings EVP and CFO Mark Wayne Hobbs reported a routine tax-withholding share disposition. On the vesting of equity awards, 823 shares of common stock were withheld at a reference price of $48.01 per share to cover tax obligations, as noted in the footnote.

After this non-market transaction, Hobbs directly owned 124,326 shares of Delek US Holdings common stock. This type of Form 4 event reflects standard equity-compensation administration rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.

Insights

Routine tax withholding on vested equity; no open-market trading signal.

The filing shows 823 shares of Delek US Holdings common stock withheld at $48.01 per share for taxes when equity awards vested. This is coded as an F transaction, meaning payment of tax liability by delivering securities rather than a discretionary market trade.

Following the transaction, EVP and CFO Mark Wayne Hobbs directly held 124,326 shares, so the withheld amount is small relative to his position. Because the shares were withheld for tax purposes on vesting, this event typically carries limited information about his view of the stock.

Insider Hobbs Mark Wayne
Role EVP, Chief Financial Officer
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 823 $48.01 $40K
Holdings After Transaction: Common Stock — 124,326 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld for tax purposes upon vesting of equity awards.
Shares withheld for taxes 823 shares Tax withholding on equity award vesting
Reference price per share $48.01 per share Value used for tax-withholding shares
Shares held after transaction 124,326 shares CFO direct ownership following tax withholding
Transaction code F Payment of tax liability by delivering securities
Transaction direction dispose Tax-withholding disposition, not an open-market sale
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
equity awards financial
"shares withheld for tax purposes upon vesting of equity awards"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Delek US Holdings (DK) report for its CFO?

Delek US Holdings reported that EVP and CFO Mark Wayne Hobbs had 823 common shares withheld to cover taxes upon vesting of equity awards. This was coded as an F transaction, indicating a tax-withholding disposition rather than an open-market trade.

How many Delek US Holdings shares were withheld for taxes in this Form 4?

The Form 4 shows that 823 shares of Delek US Holdings common stock were withheld for tax purposes. These shares related to the vesting of equity awards and were not sold on the open market but used to satisfy the associated tax liability.

At what price were the withheld Delek US Holdings (DK) shares valued?

The withheld shares were valued at a reference price of $48.01 per share. This figure reflects the price used in the tax-withholding calculation tied to the vesting of the equity awards, not necessarily a separate open-market sale transaction.

How many Delek US Holdings shares does the CFO hold after this transaction?

After the tax-withholding disposition, EVP and CFO Mark Wayne Hobbs directly held 124,326 shares of Delek US Holdings common stock. This indicates the 823 withheld shares represent a small portion of his overall reported equity position in the company.

Does the Delek US Holdings Form 4 reflect an open-market sale by the CFO?

The filing does not show an open-market sale. It reports an F-code transaction, meaning 823 shares were withheld for tax purposes upon equity award vesting. Such tax-withholding events are administrative and generally do not indicate a discretionary decision to sell shares.

What does an F-code transaction mean for Delek US Holdings insiders?

An F-code transaction indicates payment of the exercise price or tax liability by delivering securities. For Delek US Holdings, this Form 4 states shares were withheld for tax purposes when equity awards vested, distinguishing it from voluntary buying or selling in the open market.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hobbs Mark Wayne

(Last)(First)(Middle)
310 SEVEN SPRINGS WAY
SUITE 500

(Street)
BRENTWOOD TENNESSEE 37027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Delek US Holdings, Inc. [ DK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026F(1)823D$48.01124,326D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for tax purposes upon vesting of equity awards.
Remarks:
/s/ Misty Lavender, Attorney in Fact06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)