Form 4: Par Pacific Holdings Director Acquires Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Aaron Zell acquired 1,935 restricted stock units in Par Pacific Holdings, Inc. on April 5, 2025, which will vest on April 5, 2026.

Summary

  • On April 5, 2025, Aaron Zell, a director of Par Pacific Holdings, Inc., acquired 1,935 restricted stock units.
  • Each restricted stock unit represents a contingent right to receive one share of common stock.
  • The restricted stock units will vest in full on April 5, 2026.
  • Vested shares will be delivered to the reporting person following termination of service.
  • Following the transaction, Mr. Zell directly owns 1,935 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock units being granted, which is neither particularly positive nor negative.

Positives

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

Future Outlook

The restricted stock units will vest on April 5, 2026, contingent on continued service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, a common form of executive compensation.

Stakeholder Impact

  • The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates

DateDescription
04/05/2025Date of transaction: Aaron Zell acquired 1,935 restricted stock units.
04/05/2026Vesting date of the restricted stock units.
04/08/2025Date of Form 4 filing.

Keywords

Form 4, PARR, Par Pacific Holdings, restricted stock units, director, Aaron Zell, beneficial ownership

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