Form 4: Director Davidson Boosts PARR Holdings

PAR Pacific Holdings Director Phillip S. Davidson acquired common stock and received new restricted stock units, increasing his beneficial ownership.

Summary

• Phillip S. Davidson, a Director of PAR PACIFIC HOLDINGS, INC. (PARR), reported multiple transactions on October 5, 2025.
• Davidson acquired 385 shares of common stock at a price of $34.32 per share.
• He also acquired 728 restricted stock units (RSUs), which represent a contingent right to receive one share of common stock each.
• Additionally, 385 restricted stock units vested in full and were delivered to Davidson as common stock on the same date.
• Following these transactions, Davidson beneficially owns 7,998 shares of common stock directly.
• He also beneficially owns 728 derivative securities (restricted stock units) directly.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director is increasing their direct beneficial ownership through both open market acquisition and equity compensation, signaling confidence in the company's future performance.

Positives

• A Director, Phillip S. Davidson, increased his direct beneficial ownership of common stock by acquiring 385 shares.
• The Director received a grant of 728 new restricted stock units, aligning his interests with shareholders.
• The vesting and delivery of 385 restricted stock units as common stock further increases the Director's direct equity stake in the company.

Future Outlook

The filing indicates that 728 restricted stock units granted on October 5, 2025, are scheduled to vest in full on October 5, 2026, with vested shares to be delivered following termination of service.

Industry Context

N/A

Related Party Transactions

• The reported transactions involve a Director of PAR PACIFIC HOLDINGS, INC. acquiring company stock and receiving equity compensation, which are considered related party transactions.

Stakeholder Impact

• Shareholders may view the increased direct ownership by a Director as a positive signal of management's confidence in the company's prospects and alignment of interests.

Next Steps

• The 728 restricted stock units are expected to vest on October 5, 2026.

Key Dates

Recommendation

The Director's acquisition of common stock and receipt of new restricted stock units, coupled with the vesting of previous units, indicates strong insider confidence in PAR Pacific Holdings. Such insider buying often signals a positive outlook from those closest to the company's operations and future, making it a favorable indicator for potential investors.

Keywords

PARR, PAR Pacific Holdings, Insider Transaction, Form 4, Director Stock Acquisition, Restricted Stock Units, Equity Compensation