Form 4: Par Pacific Holdings Director Acquires Restricted Stock Units

Robert Silberman, a director of Par Pacific Holdings, acquired 2,109 restricted stock units on October 5, 2024, which will vest on October 5, 2025.

Summary

• On October 5, 2024, Robert Silberman, a director of Par Pacific Holdings, acquired 2,109 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of common stock each.
• The units will vest in full on October 5, 2025, and vested shares will be delivered following termination of service.
• Following the transaction, Silberman directly owns 2,109 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock unit acquisition, indicating a neutral sentiment.

Future Outlook

The restricted stock units will vest in full on October 5, 2025, and vested shares will be delivered to the reporting person following termination of service.

Industry Context

This Form 4 filing indicates a director's acquisition of restricted stock units, a common form of executive compensation in publicly traded companies. It reflects the director's alignment with the company's long-term performance.

Stakeholder Impact

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates