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Delek Logistics EVP has 659 units withheld for tax

Delek Logistics Partners, LP (DKL) reported that executive vice president Mark Wayne Hobbs had Common Units withheld on September 10, 2026 to cover taxes due at vesting of equity awards.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Delek Logistics Partners, LP (DKL) reported that executive vice president Mark Wayne Hobbs had Common Units withheld on September 10, 2026 to cover taxes due at vesting of equity awards. A total of 659 Common Units were withheld at $57.00 per unit for this tax-liability payment.

After this withholding, Mr. Hobbs directly holds 23,466 Common Units of Delek Logistics Partners, LP. No transactions under a Rule 10b5-1 trading plan are reported in connection with this filing.

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Negative

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Insider Hobbs Mark Wayne
Role EVP
Type Security Shares Price Value
Tax Withholding Common Units F1 659 $57.00 $38K
Holdings After Transaction: Common Units — 23,466 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld for tax purposes upon vesting of equity awards.
Units withheld for taxes 659 Common Units Withheld on September 10, 2026 to satisfy tax liabilities on vested equity awards
Reference value per unit $57.00 per Common Unit Value used for the 659-unit tax-withholding transaction on September 10, 2026
Units owned after transaction 23,466 Common Units Direct holdings of Mark Wayne Hobbs following the September 10, 2026 withholding
Number of tax-withholding transactions reported 1 transaction Single reported withholding of Common Units for tax purposes
Common Units financial
"A total of 659 Common Units were withheld at $57.00 per unit"
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.
withheld for tax purposes financial
"Represents shares withheld for tax purposes upon vesting of equity awards"
vesting of equity awards financial
"Represents shares withheld for tax purposes upon vesting of equity awards"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DKL report for Mark Wayne Hobbs?
DKL reported that executive vice president Mark Wayne Hobbs had 659 Common Units withheld on September 10, 2026 to satisfy tax obligations arising from the vesting of equity awards, rather than as an open-market sale.

How many Delek Logistics Partners (DKL) units were involved in the tax withholding?
The transaction involved 659 Common Units of Delek Logistics Partners, LP, withheld to cover tax liabilities associated with the vesting of equity awards. The units were valued at $57.00 per unit for this purpose.

What is Mark Wayne Hobbs’ DKL Common Unit ownership after this transaction?
After the September 10, 2026 tax-withholding transaction, Mark Wayne Hobbs directly holds 23,466 Common Units of Delek Logistics Partners, LP, as reported in the filing.

Was the DKL insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the reported tax-withholding transaction for 659 Common Units was not made pursuant to a Rule 10b5-1 trading plan.

Did Mark Wayne Hobbs sell DKL units in the open market?
No open-market sale is reported. The Form 4 shows 659 Common Units were withheld to satisfy tax liabilities upon vesting of equity awards, with Mr. Hobbs’ resulting direct holdings at 23,466 units.

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

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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 Logistics Partners, LP [ DKL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026		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 Units09/10/2026F(1)659D$5723,466D
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 Fact09/14/2026
** 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)

Source: View Original Filing on SEC EDGAR

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