Delek Logistics (NYSE: DKL) insider lifts stake to 24,125 units
Rhea-AI Filing Summary
Delek Logistics Partners, LP (DKL) executive vice president Mark Wayne Hobbs purchased 4,000 Common Units on 2026-08-13 in an open-market or private transaction at $50.00 per unit. Following this purchase, he directly owns 24,125 Common Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares
Net Buy
1 txn
Insider
Hobbs Mark Wayne
Role
EVP
Bought
4,000 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Units | 4,000 | $50.00 | $200K |
Holdings After Transaction:
Common Units — 24,125 shares (Direct)
Key Figures
Units Purchased: 4,000 Common Units
Purchase Price: $50.00 per unit
Holdings After Transaction: 24,125 Common Units
+1 more
4 metrics
Units Purchased
4,000 Common Units
Non-derivative purchase on 2026-08-13
Purchase Price
$50.00 per unit
Open-market or private transaction price
Holdings After Transaction
24,125 Common Units
Direct ownership following the 4,000-unit purchase
Net Buy Shares
4,000 units
Net buy direction across all reported transactions
Key Terms
Common Units, open market or private transaction, beneficial ownership
3 terms
Common Units financial
"security_title: "Common Units""
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
beneficial ownership financial
"ownership type coded “D” indicating direct beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did DKL executive Mark Wayne Hobbs report?
Mark Wayne Hobbs reported buying 4,000 Common Units of Delek Logistics Partners, LP (DKL) on 2026-08-13 at $50.00 per unit. After this open-market or private purchase, his direct holdings increased to 24,125 Common Units.
How many DKL units does Mark Wayne Hobbs own after this Form 4 transaction?
After the reported transaction, Mark Wayne Hobbs directly owns 24,125 Common Units of DKL. This reflects his holdings immediately following the 4,000-unit open-market or private purchase at $50.00 per unit on 2026-08-13.
What price did Mark Wayne Hobbs pay per DKL Common Unit?
He paid $50.00 per Common Unit for the 4,000 DKL units he purchased. The Form 4 identifies this as the per-share transaction price in an open-market or private transaction executed on 2026-08-13.
Was the DKL Form 4 transaction by Mark Wayne Hobbs a purchase or a sale?
The Form 4 reports a purchase of DKL Common Units by Mark Wayne Hobbs. It records a transaction coded “P,” described as a Purchase in open market or private transaction, totaling 4,000 units at $50.00 each.
Is Mark Wayne Hobbs’ ownership in DKL direct or indirect after this transaction?
His ownership is reported as direct following the transaction. The Form 4 lists the 24,125 Common Units as held with ownership type coded “D,” indicating direct beneficial ownership rather than through an intermediary entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.