Form 4: Par Pacific Holdings Director Acquires Restricted Stock Units

Director Aaron Zell acquired 1,318 restricted stock units in Par Pacific Holdings, Inc. on October 5, 2024, which will vest on October 5, 2025.

Summary

• On October 5, 2024, Aaron Zell, a director of Par Pacific Holdings, Inc., acquired 1,318 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 October 5, 2025.
• Vested shares will be delivered to the reporting person following termination of service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction by a company director, with no explicit positive or negative implications.

Positives

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

Future Outlook

The restricted stock units will vest on October 5, 2025, contingent on continued service.

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 units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock units by a director may have a slightly positive impact on shareholder sentiment.

Key Dates