Form 4: Par Pacific Holdings CEO William Monteleone Reports Stock Disposals for Tax Obligations

William Monteleone, President and CEO of Par Pacific Holdings, Inc., reports disposing of common stock to cover withholding tax liabilities upon vesting of restricted shares.

Summary

• On February 16, 2025, William Monteleone disposed of 1,668 shares of Par Pacific Holdings, Inc. common stock at a price of $15.84 per share to cover withholding tax liabilities.
• Following this transaction, Monteleone directly owns 355,706 shares of common stock.
• On February 18, 2025, Monteleone disposed of 678 shares of Par Pacific Holdings, Inc. common stock at a price of $15.92 per share to cover withholding tax liabilities.
• Following this transaction, Monteleone directly owns 355,028 shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate any fundamental change in the company's prospects.

Industry Context

This filing is a routine disclosure related to insider transactions. It is common for executives to sell shares to cover tax obligations arising from the vesting of restricted stock units.

Stakeholder Impact

• The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the CEO's holdings.

Key Dates