Form 4: Par Pacific Holdings Director Acquires Restricted Stock

Patricia Martinez, a director of Par Pacific Holdings, acquired 633 shares of restricted stock on April 5, 2024, which will vest on April 5, 2025.

Summary

• On April 5, 2024, Patricia Martinez, a director of Par Pacific Holdings, acquired 633 shares of common stock.
• The acquisition was a grant of restricted stock at a price of $39.49 per share.
• These shares will vest in full and be delivered on April 5, 2025.
• Following the transaction, Martinez directly owns 3,047 shares of Par Pacific Holdings common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock grants, neither particularly positive nor negative.

Positives

• A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock, which is a common form of executive compensation.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates