Form 4: HF Sinclair Director Receives RSU Grant, Boosting Ownership
Insider Transaction Report
HF Sinclair Corp. Director Anna C. Catalano was granted 2,943 restricted stock units, increasing her beneficial ownership to 30,951 shares.
Summary
- Anna C. Catalano, a Director of HF Sinclair Corp. (DINO), acquired 2,943 shares of common stock in the form of restricted stock units (RSUs).
- The transaction date for this acquisition was November 12, 2025.
- The RSUs were granted at a price of $0 per unit, indicating a compensation grant rather than a purchase.
- Following this transaction, Anna C. Catalano beneficially owns 30,951 shares of HF Sinclair Corp. common stock directly.
- These restricted stock units were granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan.
- The restrictions on these RSUs will lapse on December 1, 2026 (or the first business day thereafter), contingent upon continuous service on the board of directors from the grant date until the vesting date.
- Vested RSUs will be paid within 30 days following the vesting date in the form of the Issuer's common stock, unless settlement is deferred.
Sentiment
Score: 6
Explanation: The filing reports a routine compensation grant to a director, which is a neutral to slightly positive event as it aligns director interests with shareholders, without indicating any significant operational or financial changes.
Positives
- The grant of restricted stock units to a director aligns management and director interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- Increased beneficial ownership by a director demonstrates continued commitment to the company's long-term success.
Future Outlook
The granted restricted stock units are subject to a vesting schedule, with restrictions lapsing on December 1, 2026, contingent on the director's continued service on the board. Upon vesting, the units will be settled in common stock within 30 days, unless deferred.
Industry Context
This filing represents a routine compensation event for a director within the energy industry, reflecting standard practices for aligning executive and board incentives with shareholder value through equity grants.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Anna C. Catalano granted a Power of Attorney to Atanas H. Atanasov, Eric L. Nitcher, Harrison Morris, and Rita Townsend to act as her attorneys-in-fact for SEC filings (Forms ID, 3, 4, 5, 13D, 13G) and EDGAR account management. This ensures compliance with reporting requirements. | 07/18/2025 | Enhances efficiency and ensures timely compliance with SEC reporting obligations for the director, by delegating administrative tasks to company personnel. |
Related Party Transactions
- The grant of 2,943 restricted stock units to Anna C. Catalano, a director, constitutes a related party transaction. This is a standard form of non-cash compensation for board service, intended to align the director's interests with the company's long-term performance.
Stakeholder Impact
- Shareholders: The RSU grant aligns the director's financial interests with shareholder value creation, as the value of the compensation is tied to the company's stock price.
- Employees: No direct impact on general employees is indicated by this specific filing.
Next Steps
- Anna C. Catalano must continue to serve on the board of directors until December 1, 2026, for the restricted stock units to vest.
- Following vesting, the vested restricted stock units will be paid in HF Sinclair Corp. common stock within 30 days, unless deferred.
Key Dates
| Date | Description |
|---|---|
| 07/18/2025 | Date Anna C. Catalano executed the Power of Attorney for SEC filings. |
| 11/12/2025 | Transaction date for the acquisition of 2,943 restricted stock units by Anna C. Catalano. |
| 11/13/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Anna C. Catalano. |
| 12/01/2026 | Date when restrictions on the granted restricted stock units will lapse, provided continuous board service. |
Keywords
HF Sinclair Corp, DINO, Anna C. Catalano, Restricted Stock Units, RSU Grant, Insider Transaction, Director Compensation, Beneficial Ownership, SEC Form 4, Corporate Governance
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