Form 4: Par Pacific Holdings Director Acquires and Disposes of Shares and Restricted Stock Units

Director Curtis Anastasio reports acquisition and disposal of Par Pacific Holdings common stock and restricted stock units on July 5, 2024.

Summary

• On July 5, 2024, Curtis Anastasio, a director of Par Pacific Holdings, Inc., engaged in transactions involving the company's common stock and restricted stock units.
• Anastasio acquired 740 shares of common stock at $24.62 per share and another 462 shares at the same price.
• Following these transactions, Anastasio directly owns 99,360 shares of Par Pacific Holdings common stock.
• Additionally, Anastasio acquired 1,015 restricted stock units, which will vest on July 5, 2025, with delivery of shares split between July 5, 2025, and July 5, 2026.
• 1,202 restricted stock units vested in full and were delivered as common stock on July 5, 2024.
• Anastasio also disposed of 740 and 462 restricted stock units on July 5, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider transactions. The acquisition of shares could be seen as slightly positive, but it's not a major event.

Positives

• The acquisition of common stock by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest in full on July 5, 2025, with shares delivered in two tranches on July 5, 2025, and July 5, 2026.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor their trading activity.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the director's trading activity.

Key Dates