Form 4: Par Pacific Holdings Director Acquires Restricted Stock
SEC Form 4 Filing
Director Eric K. Yeaman acquired 1,318 shares of Par Pacific Holdings restricted stock on October 5, 2024, which will vest on October 5, 2025.
Summary
- On October 5, 2024, Eric K. Yeaman, a director of Par Pacific Holdings, Inc., acquired 1,318 shares of common stock.
- The acquisition was a grant of restricted stock.
- The price of the stock was $18.97 per share.
- These shares will vest in full and be delivered on October 5, 2025.
- Following the transaction, Yeaman directly owns 2,333 shares of Par Pacific Holdings, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant, which doesn't inherently indicate positive or negative sentiment, but the grant itself can be seen as a positive incentive.
Positives
- The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a grant of restricted stock to a director, which is a common form of executive compensation.
Stakeholder Impact
- The grant of restricted stock to a director aligns the director's interests with those of the shareholders, potentially incentivizing them to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 10/05/2024 | Date of transaction: Eric Yeaman acquired 1,318 shares of restricted stock. |
| 10/05/2025 | Vesting date of the restricted stock. |
| 10/08/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.