Form 4: HF Sinclair CEO Franklin Myers Receives Stock Grant

Sentiment:

Statement of Changes in Beneficial Ownership


HF Sinclair Corporation CEO and President Franklin Myers was granted 1,578 restricted stock units as part of the company's long-term incentive plan.

Summary

  • CEO and President Franklin Myers acquired 1,578 restricted stock units (RSUs) on June 17, 2026.
  • The grant was issued under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan.
  • Following this transaction, the reporting person's total beneficial ownership of common stock increased to 178,631 shares.
  • The RSUs are subject to a service-based vesting schedule.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation with no material impact on the company's financial outlook.

Positives

  • Alignment of executive interests with long-term shareholder value through equity-based compensation.
  • Increase in total beneficial ownership by the CEO, signaling confidence in the company.

Negatives

  • None identified; this is a standard executive compensation disclosure.

Risks

  • Vesting is contingent upon the reporting person continuing to provide services to the Issuer through the vesting date.

Future Outlook

The restricted stock units vest on December 1, 2026, with payment in common stock scheduled for May 1, 2028, contingent upon continued service.

Industry Context

StockSavvy.ai notes that equity grants for C-suite executives are standard practice in the energy and refining sector to ensure long-term retention and alignment with corporate performance goals.

Comparison to Industry Standards

  • The use of restricted stock units as a retention tool is consistent with compensation structures at peer companies like Marathon Petroleum and Phillips 66.
  • The vesting and payment schedule aligns with typical multi-year incentive structures found in the S&P 500 energy sector.

Stakeholder Impact

  • Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

  • Vesting of restricted stock units on December 1, 2026.
  • Issuance of common stock to the reporting person on May 1, 2028.

Key Dates

DateDescription
06/17/2026Transaction date of the RSU grant.
12/01/2026Vesting date for the restricted stock units.
05/01/2028Payment date for the vested restricted stock units.

Keywords

HF Sinclair, DINO, Form 4, Executive Compensation, Insider Trading, Restricted Stock Units

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