Form 4: Par Pacific Holdings CEO William Monteleone Disposes of Shares for Tax Obligations
SEC Filing
William Monteleone, President and CEO of Par Pacific Holdings, disposed of 1,108 shares of common stock to cover withholding tax obligations.
Summary
- On February 19, 2025, William Monteleone, the President and CEO of Par Pacific Holdings, disposed of 1,108 shares of common stock.
- The transaction was executed to cover withholding tax liabilities incurred upon the vesting of restricted shares.
- Following the transaction, Monteleone directly owns 353,920 shares of Par Pacific Holdings common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. This provides transparency to the market about insider activity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: William Monteleone disposed of shares. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
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