Mark Wayne Hobbs, EVP of Delek Logistics Partners (NYSE:DKL), purchased 4,000 shares of the company on Aug, 13, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction summary Transaction value based on SEC Form 4 weighted average purchase price ($50.00); post-transaction value based on Aug. 13, 2026, market close ($52.30)
Key questions – What is the current scale of the executive’s total equity interest? After this acquisition, Hobbs holds 24,125 shares directly. – How does the purchase price compare to the company’s current market valuation? The executive acquired shares at $50 per share, approximately 7% below the $54.01 market price as of the Aug. 14, 2026, market close. – What has been the recent return profile of the security?
As of this writing, the stock has generated a 25% total return over the past 12 months. – Are there any indirect holdings or derivative structures involved in this position? The filing indicates the entire position is held directly, and no indirect holdings through trusts or other entities were reported. Company Overview Company Snapshot – Delek Logistics Partners operates a diversified portfolio of logistics and marketing assets for crude oil, intermediate, and refined petroleum products across the United States, generating revenue through its Pipelines and Transportation, Wholesale Marketing and Terminalling, and Pipeline Joint Venture Investment segments. – The company generates cash flows through the operation and management of midstream infrastructure assets, including an extensive network of pipelines, trucking fleets, and terminal facilities that facilitate the movement and storage of petroleum products. – The company serves refiners, producers, and petroleum product distributors throughout the United States, positioning itself as a critical infrastructure provider within the energy supply chain.