Form 4: Director Timothy Clossey Acquires PAR Pacific Holdings Stock

Sentiment:

Insider Transaction


Director Timothy Clossey acquired 470 shares of common stock in PAR Pacific Holdings, Inc. on July 5, 2026, as part of a restricted stock grant.

Summary

  • Director Timothy Clossey acquired 470 shares of PAR Pacific Holdings, Inc. common stock on July 5, 2026.
  • This acquisition was made through a restricted stock grant.
  • The shares are valued at $58.49 per share.
  • Following this transaction, Mr. Clossey beneficially owns 75,932 shares of common stock.
  • The acquired shares are subject to vesting, with full vesting and delivery scheduled for July 5, 2027.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard insider stock grant rather than a sale or purchase driven by market speculation.

Positives

  • Director acquisition of company stock can signal confidence in the company's future prospects.
  • The restricted stock grant indicates a long-term incentive for the director.

Future Outlook

The restricted stock grant vests on July 5, 2027, indicating a forward-looking incentive for the director tied to continued service or performance.

Industry Context

StockSavvy.ai notes that insider stock grants, particularly restricted stock, are common within the energy sector as a tool for executive compensation and retention, aligning management interests with long-term shareholder value.

Stakeholder Impact

  • Shareholders: The acquisition by a director may be viewed positively as a sign of commitment, but it does not represent a new investment of personal capital.
  • Employees: Restricted stock grants are a common form of compensation and incentive for key personnel.
  • Management: Reinforces the alignment of director incentives with the company's long-term performance.

Next Steps

  • The restricted stock grant will vest on July 5, 2027.

Key Dates

DateDescription
07/05/2026Transaction date for the acquisition of common stock and deemed execution date.
07/05/2027Date when the restricted stock grant will fully vest and be delivered.
07/07/2026Date the statement was signed by the reporting person.

Keywords

PAR Pacific Holdings, PARR, Form 4, Insider Trading, Restricted Stock, Stock Grant, Director, Beneficial Ownership

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