Form 4: Par Pacific Holdings Director Acquires and Disposes of Shares in Recent Transaction

Director Phillip S. Davidson reports acquisition and disposal of Par Pacific Holdings common stock and restricted stock units on April 5, 2025.

Summary

• On April 5, 2025, Phillip S. Davidson, a director of Par Pacific Holdings, Inc., engaged in transactions involving the company's stock.
• Davidson acquired 440 shares of common stock at a price of $12.92 per share.
• He also acquired 1,935 restricted stock units, each representing a contingent right to receive one share of common stock, vesting fully on April 5, 2026.
• Additionally, 440 restricted stock units vested and were delivered as common stock on the same day.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

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

Future Outlook

The restricted stock units will vest in full on April 5, 2026, and vested shares will be delivered to the reporting person following termination of service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares upon vesting of the restricted stock units.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Phillip S. Davidson, Par Pacific Holdings, PARR, Common Stock, Restricted Stock Units, Acquisition, Disposition