Delek Logistics EVP receives equity award

Delek Logistics Partners EVP Mark Wayne Hobbs reported routine equity compensation and related tax withholding.

Accepted by SEC EDGAR 03/12/2026 - 08:04 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Delek Logistics Partners EVP Mark Wayne Hobbs reported routine equity compensation and related tax withholding. He received a grant of 4,715 common units in the form of time‑vesting restricted stock units that vest over three years. On the same date, 461 common units were withheld at $53.02 per unit to satisfy tax obligations upon vesting of equity awards. After these transactions, he directly owns 20,475 common units.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hobbs Mark Wayne

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Units	4,715	$0.00	$0.00
Exercise Price or Tax Liability	Common Units	461	$53.02	$24K

Holdings After Transaction: Common Units — 20,475 shares (Direct)

Footnotes (2)

1. F1. Represents a grant of time-vesting restricted stock units that vest over three years.
2. F2. 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 transactions did Delek Logistics (DKL) report for EVP Mark Wayne Hobbs?

Delek Logistics (DKL) reported that EVP Mark Wayne Hobbs received 4,715 common units as a grant of time‑vesting restricted stock units. On the same date, 461 units were withheld at $53.02 per unit to cover tax obligations tied to vesting equity awards.

Was the Delek Logistics (DKL) Form 4 transaction an open-market buy or sell?

The Form 4 for Delek Logistics (DKL) shows no open‑market buy or sell. It reports an equity award of 4,715 restricted units and a tax‑withholding disposition of 461 units at $53.02, which is a routine mechanism for paying taxes on vested awards.

How many Delek Logistics (DKL) common units does EVP Hobbs own after this Form 4?

After these reported transactions, EVP Mark Wayne Hobbs directly owns 20,475 Delek Logistics (DKL) common units. This reflects the impact of the 4,715‑unit restricted stock grant and the 461 units withheld for taxes upon vesting of equity awards on March 10, 2026.

What are the terms of the restricted stock units granted to the Delek Logistics (DKL) EVP?

The filing states that the 4,715 common units reported for Delek Logistics (DKL) represent a grant of time‑vesting restricted stock units. These restricted units vest over three years, providing the EVP equity compensation that becomes fully owned only as the time‑based vesting conditions are satisfied.

Why were 461 Delek Logistics (DKL) units disposed of in the Form 4 filing?

The 461 Delek Logistics (DKL) common units were not sold in the market but withheld to cover tax obligations. The filing explains they represent shares withheld for tax purposes upon vesting of equity awards, at a price of $53.02 per unit on March 10, 2026.

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

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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 TN 37027

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Units	03/10/2026		A(1)		4,715	A	$0	20,936	D
Common Units	03/10/2026		F(2)		461	D	$53.02	20,475	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of time-vesting restricted stock units that vest over three years.

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

Remarks:

	/s/ Misty Lavender, Attorney in Fact	03/11/2026
	** 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.