Form 4: PAR Pacific Executive Richard Creamer Increases Stake Through Employee Stock Purchase Plan

Richard Creamer, EVP of Refining and Logistics at PAR Pacific Holdings, Inc., acquired 665 shares of common stock at $22.55 per share through the company's Employee Stock Purchase Plan.

Summary

• Richard Creamer, the Executive Vice President of Refining and Logistics at PAR PACIFIC HOLDINGS, INC. (PARR), reported a change in beneficial ownership.
• On June 30, 2025, Mr. Creamer acquired 665 shares of common stock.
• The acquisition price for these shares was $22.55 per share.
• The transaction was conducted under the Company's Employee Stock Purchase Plan (ESPP) and is exempt under SEC Rules 16b-3(d) and 16b-3(c).
• Following this transaction, Mr. Creamer beneficially owns a total of 70,502 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 8

Explanation: The acquisition of additional shares by a key executive through an Employee Stock Purchase Plan indicates strong insider confidence in the company's valuation and future performance, contributing positively to sentiment.

Positives

• EVP Richard Creamer increased his direct ownership in PAR Pacific Holdings, Inc. by acquiring 665 shares, signaling confidence in the company's future.
• The acquisition was made through the Company's Employee Stock Purchase Plan, indicating a structured and potentially long-term investment by an insider.
• The transaction increases the EVP's total beneficial ownership to 70,502 shares, further aligning management's interests with those of shareholders.

Future Outlook

NA

Industry Context

This transaction reflects an insider's investment in a company operating in the refining and logistics sector, which is subject to commodity price fluctuations, regulatory changes, and global supply chain dynamics. Insider purchases, especially through structured plans like an ESPP, can be viewed as a sign of confidence in the company's long-term prospects within its industry.

Related Party Transactions

• Acquisition of shares by EVP Richard Creamer through the Company's Employee Stock Purchase Plan (ESPP), which is a standard employee benefit program.

Stakeholder Impact

• Shareholders: The insider purchase may be perceived as a positive signal, potentially increasing investor confidence.
• Employees: The existence of an Employee Stock Purchase Plan benefits employees by providing a mechanism to acquire company stock, aligning their interests with the company's performance.

Key Dates

Recommendation

Keywords

PAR Pacific Holdings, PARR, Richard Creamer, Form 4, SEC filing, insider trading, stock acquisition, employee stock purchase plan, ESPP, beneficial ownership, refining, logistics, Rule 10b5-1(c)