Delek Logistics Partners (DKL) EVP has 350 units withheld for tax on award vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Delek Logistics Partners, LP EVP Mark Wayne Hobbs reported a tax-withholding disposition of 350 Common Units on June 10, 2026. The units were withheld to cover taxes due upon vesting of equity awards, rather than sold in the open market. After this withholding, Hobbs directly holds 20,125 Common Units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hobbs Mark Wayne

Role EVP

Type	Security	Shares	Price	Value
Tax Withholding	Common Units	350	$52.49	$18K

Holdings After Transaction: Common Units — 20,125 shares (Direct, null)

Footnotes (1)

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Key Figures

Tax-withheld units: 350 Common Units Price per unit: $52.49 per unit Holdings after transaction: 20,125 Common Units +1 more

4 metrics

Tax-withheld units 350 Common Units Withheld for taxes upon vesting on June 10, 2026

Price per unit $52.49 per unit Value used for tax-withholding disposition

Holdings after transaction 20,125 Common Units Direct ownership following tax withholding

Tax-withholding transactions 1 transaction Count of F-code dispositions in this Form 4

Key Terms

Common Units, equity awards, tax-withholding disposition, Form 4

4 terms

Common Units financial

"The insider transacted in Common Units of Delek Logistics Partners, LP."

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.

equity awards financial

"Shares were 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.

tax-withholding disposition financial

"The transaction is classified as a tax-withholding disposition under code F."

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.

Form 4 regulatory

"The insider activity was reported to the SEC on 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.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 08:21 PM

SEC Form 4

FORM 4

UNITED 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 Logistics Partners, LP [ DKL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Units	06/10/2026		F⁽¹⁾		350	D	$52.49	20,125	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	06/12/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Delek Logistics Partners (DKL) report for Mark Wayne Hobbs?

Delek Logistics Partners reported that EVP Mark Wayne Hobbs had 350 Common Units withheld on June 10, 2026. These units were retained by the company to satisfy tax obligations arising from the vesting of equity awards, instead of being sold in the open market.

Was the Delek Logistics Partners (DKL) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 350 Common Units were withheld to pay taxes due upon vesting of equity awards, as noted in the filing footnote, rather than sold to external buyers.

How many Delek Logistics Partners (DKL) Common Units does Mark Wayne Hobbs hold after this filing?

After the reported tax-withholding transaction, Mark Wayne Hobbs directly holds 20,125 Common Units. This total reflects his position following the withholding of 350 units for tax purposes tied to the vesting of equity-based compensation awards.

What does transaction code "F" mean in the Delek Logistics Partners (DKL) Form 4?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 350 Common Units were withheld to cover taxes on vested equity awards, classifying the event as a tax-withholding disposition rather than a discretionary trade.

Does the Delek Logistics Partners (DKL) Form 4 suggest a change in insider sentiment?

The filing reflects a routine tax-withholding event, not a discretionary buy or sell decision. Because the 350 withheld Common Units settled tax obligations on vested awards, it provides limited insight into Mark Wayne Hobbs’ views on Delek Logistics Partners’ unit value.