Form 4: PAR Pacific CEO Reports Routine Tax-Related Stock Disposal

PAR Pacific Holdings, Inc. CEO William Monteleone reported a non-discretionary disposal of 2,921 common shares for tax withholding purposes.

Summary

• William Monteleone, President and CEO, and a Director of PAR PACIFIC HOLDINGS, INC. (PARR), reported a transaction involving the company's common stock.
• On February 23, 2026, 2,921 shares of common stock were disposed of at a price of $40.71 per share.
• This disposal represents shares withheld by the Issuer for the payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
• Following this transaction, William Monteleone beneficially owns 457,167 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary disposal of shares to cover tax obligations related to vested equity, rather than a discretionary sale by the insider.

Industry Context

StockSavvy.ai notes that Form 4 filings detailing tax-related stock disposals are routine for executives receiving equity compensation. These transactions are typically non-discretionary and do not reflect a change in management's outlook or confidence in the company's future performance.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in insider sentiment or company fundamentals.
• Employees: No direct impact indicated by this filing.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary disposal of shares by the CEO to cover tax liabilities associated with vested restricted stock. It does not indicate a change in the company's fundamental outlook or the insider's long-term conviction. Therefore, a seasoned investor would likely maintain their current position, leading to a 'hold' recommendation.

Keywords

PAR Pacific Holdings, PARR, William Monteleone, Insider Transaction, Form 4, Stock Disposal, Tax Withholding, Restricted Stock Units, CEO