Form 4: Par Pacific Holdings Director Acquires Restricted Stock

Director Timothy Clossey acquired 633 shares of Par Pacific Holdings restricted stock on April 5, 2024, which will vest on April 5, 2025.

Summary

• On April 5, 2024, Timothy Clossey, a director of Par Pacific Holdings, Inc., 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, Clossey beneficially owns 79,440 shares of Par Pacific Holdings.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The acquisition of restricted stock can be seen as a mildly positive signal, but it's not a major event.

Positives

• The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock in April 2025 suggests a long-term view.

Industry Context

Form 4 filings are routine disclosures of insider transactions and provide transparency to the market regarding the buying and selling activities of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates