Form 4: Par Pacific Holdings Director Acquires Restricted Stock Units

Director Melvyn N. Klein acquired 2,109 restricted stock units in Par Pacific Holdings, Inc. on October 5, 2024, which will vest on October 5, 2025.

Summary

• On October 5, 2024, Melvyn N. Klein, a director of Par Pacific Holdings, Inc., acquired 2,109 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of common stock each.
• The restricted stock units will vest in full on October 5, 2025.
• Following vesting, shares will be delivered to Klein after termination of service.
• The transaction was reported on October 8, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard filing related to stock unit grants, which is neither overtly 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 October 5, 2025, contingent on continued service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

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