Form 4: PAR Pacific CFO Disposes of Shares for Tax Withholding

PAR Pacific Holdings, Inc.'s Chief Financial Officer, Shawn David Flores, disposed of 1,435 shares of common stock to cover tax liabilities from restricted stock vesting.

Summary

• Shawn David Flores, Senior Vice President and Chief Financial Officer of PAR Pacific Holdings, Inc. (PARR), reported a disposition of common stock.
• The transaction occurred on July 29, 2025, and involved 1,435 shares of common stock.
• The shares were disposed of at a price of $32.87 per share.
• This disposition was a 'Disposition to Issuer to pay tax' (Transaction Code F), meaning the shares were withheld by the company to cover tax liabilities incurred upon the vesting of restricted shares of common stock.
• Following this transaction, Shawn David Flores beneficially owns 47,151 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax liabilities from restricted stock vesting, indicating a neutral sentiment as it does not reflect a discretionary sale or purchase based on company outlook.

Negatives

• A slight reduction in the direct beneficial ownership of common stock by the Chief Financial Officer due to tax withholding.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• The transaction involves the disposition of shares by a company officer (Shawn David Flores) to the issuer (PAR Pacific Holdings, Inc.) for tax withholding purposes, which is a common type of related party transaction in executive compensation.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or a significant reduction in insider ownership.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by a company officer to satisfy tax obligations arising from restricted stock vesting. It does not indicate any change in the officer's investment thesis or the company's fundamental prospects. Therefore, it provides no new information that would warrant a change in investment recommendation.

Keywords

PAR Pacific Holdings, PARR, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, CFO, Shawn Flores