Form 4: Par Pacific Holdings Director Acquires Restricted Stock

Director Timothy Clossey acquired 1,497 shares of restricted stock in Par Pacific Holdings, Inc.

Summary

• Timothy Clossey, a director at Par Pacific Holdings, Inc., acquired 1,497 shares of restricted common 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, Mr. Clossey beneficially owns 83,270 shares of Par Pacific Holdings, Inc.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction by a company director. It is neither particularly positive nor negative, but indicates confidence from the director.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Future Outlook

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

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who acquire or dispose of company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by directors and officers of companies like Marathon Petroleum (MPC) and Valero Energy (VLO) when they trade their company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.

Key Dates

Keywords

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