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

Director Aaron Zell acquired 633 restricted stock units of Par Pacific Holdings, Inc. on April 5, 2024, which will vest on April 5, 2025.

Summary

• On April 5, 2024, Aaron Zell, a director of Par Pacific Holdings, Inc., acquired 633 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 April 5, 2025.
• Vested shares will be delivered to the reporting person following termination of service.
• Following the transaction, Zell directly owns 633 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of stock unit acquisition. It's mildly positive as it indicates director's alignment with the company's future.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units will vest in full on April 5, 2025, contingent on continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This provides transparency to the market.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates