Form 4: Par Pacific Holdings Director Acquires Restricted Stock

Patricia Martinez, a director at Par Pacific Holdings, acquired 1,497 shares of restricted stock on January 5, 2025.

Summary

• Patricia Martinez, a director of Par Pacific Holdings, acquired 1,497 shares of restricted stock on January 5, 2025.
• The shares were granted at a price of $16.70 per share.
• These shares will vest in full and be delivered on January 5, 2026.
• Following this transaction, Ms. Martinez beneficially owns 6,877 shares of Par Pacific Holdings common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally neutral to positive as it indicates alignment of interests between the director and the company. There is no negative information.

Positives

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

Future Outlook

The restricted stock will vest and be delivered on January 5, 2026.

Industry Context

This is a routine filing related to insider transactions, which is common in publicly traded companies.

Comparison to Industry Standards

• Restricted stock grants are a common form of compensation for directors and executives in publicly traded companies.
• The vesting period of one year is also a typical practice to align the interests of the director with the long-term performance of the company.
• Similar grants are often seen in companies like Marathon Petroleum and Valero Energy, which are also in the energy sector.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

restricted stock, insider trading, beneficial ownership, director, Par Pacific Holdings, equity