Form 4: Par Pacific Holdings Chief Accounting Officer Reports Stock Transactions

Ivan Daniel Guerra, Chief Accounting Officer of Par Pacific Holdings, reports acquisition and disposal of common stock due to restricted stock grant and tax withholding.

Summary

• On February 21, 2025, Ivan Daniel Guerra, Chief Accounting Officer of Par Pacific Holdings, acquired 8,963 shares of common stock at a price of $15.62 per share.
• These shares represent a grant of restricted stock, vesting in three equal installments on the first, second, and third anniversaries of the grant date.
• On February 23, 2025, Mr. Guerra disposed of 505 shares of common stock at $15.62 per share to cover withholding tax obligations related to the vesting of restricted shares.
• Following these transactions, Mr. Guerra beneficially owns 22,991 shares of Par Pacific Holdings common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation. The acquisition of shares is a positive sign, but the disposal for tax purposes is a standard procedure.

Positives

• The acquisition of restricted stock indicates confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they involve a small number of shares relative to the company's total outstanding shares.

Key Dates