Form 4: Par Pacific Holdings Director Acquires Shares Through Restricted Stock Grant

Director Timothy Clossey acquired 1,015 shares of Par Pacific Holdings, Inc. through a restricted stock grant that will vest on July 5, 2025.

Summary

• On July 5, 2024, Timothy Clossey, a director of Par Pacific Holdings, Inc., acquired 1,015 shares of common stock.
• The acquisition was a grant of restricted stock.
• The price of the stock at the time of the transaction was $24.62 per share.
• The restricted stock will vest in full and be delivered on July 5, 2025.
• Following the transaction, Clossey beneficially owns 80,455 shares of Par Pacific Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock grant to a director. While insider buying can be seen as positive, this is part of a compensation package and doesn't necessarily indicate strong bullish sentiment.

Positives

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

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This type of filing is standard for corporate insiders and provides transparency into their transactions in the company's stock. It's common for directors to receive stock grants as part of their compensation.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it reflects a director's increased stake in the company.

Key Dates