Form 4: HF Sinclair Director Granted Restricted Stock Units

HF Sinclair Corp. Director Leldon E. Echols received a grant of 2,943 restricted stock units under the company's long-term incentive plan.

Summary

• Director Leldon E. Echols of HF Sinclair Corp. (DINO) was granted 2,943 restricted stock units (RSUs).
• The grant occurred on November 12, 2025, under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan.
• These RSUs were acquired at a price of $0, indicating a grant rather than a purchase.
• Following this transaction, Mr. Echols directly beneficially owns 6,715 shares and indirectly owns 57,771 shares through a trust.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 6

Explanation: The filing reports a routine grant of restricted stock units to a director, which is a neutral to slightly positive event as it aligns director interests with shareholders. It does not contain any significant positive or negative financial news.

Positives

• The grant of restricted stock units aligns the director's interests with long-term shareholder value.
• The transaction was made under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent transaction.

Future Outlook

The restricted stock units granted to Director Echols are subject to a vesting schedule, with restrictions lapsing on December 1, 2026, contingent upon his continued service on the board of directors. Vested units will be paid in common stock within 30 days of vesting, unless deferred.

Industry Context

This is a routine insider transaction filing for director compensation, common across all industries for publicly traded companies, reflecting standard corporate governance practices for aligning executive and director incentives with shareholder interests.

Corporate Governance

Stakeholder Impact

• Shareholders: Director's interests are further aligned with long-term shareholder value through equity compensation.

Next Steps

• Leldon E. Echols must continue to serve on the board of directors until December 1, 2026, for the restricted stock units to vest.
• Vested restricted stock units will be paid in HF Sinclair Corp. common stock within 30 days following the vesting date, unless settlement is deferred.

Key Dates

Keywords

HF Sinclair Corp, DINO, Leldon E. Echols, Restricted Stock Units, RSU Grant, Insider Transaction, Form 4, Director Compensation, Equity Incentive Plan