Form 4: Par Pacific Holdings Director Aaron Zell Acquires Restricted Stock Units

Director Aaron Zell acquired 1,015 restricted stock units in Par Pacific Holdings, Inc. on July 5, 2024, which will vest on July 5, 2025.

Summary

• On July 5, 2024, Aaron Zell, a director of Par Pacific Holdings, Inc., acquired 1,015 restricted stock units.
• Each restricted stock unit represents a contingent right to receive one share of common stock.
• The restricted stock units will vest in full on July 5, 2025.
• Vested shares will be delivered to the reporting person following termination of service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director receiving restricted stock units, which is a common compensation practice.

Positives

• The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on July 5, 2025, and vested shares will be delivered to the reporting person following termination of service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock units by a director could have a slightly positive impact on shareholder sentiment, as it indicates confidence in the company's future.

Key Dates