Form 4: Par Pacific Holdings Director Acquires Shares Through Restricted Stock Grant
SEC Form 4
Director Timothy Clossey acquired 1,935 shares of Par Pacific Holdings common stock through a restricted stock grant on April 5, 2025.
Summary
- On April 5, 2025, Timothy Clossey, a director of Par Pacific Holdings, Inc., acquired 1,935 shares of common stock.
- The acquisition was a grant of restricted stock at a price of $12.92 per share.
- These shares will vest in full and be delivered on April 5, 2026.
- Following the transaction, Clossey beneficially owns 85,205 shares of Par Pacific Holdings.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed as a positive sign, but it's a routine occurrence.
Positives
- The director's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
This type of transaction is common for directors and executives as part of their compensation packages, aligning their interests with those of the shareholders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/05/2025 | Date of transaction: Timothy Clossey acquired 1,935 shares of common stock through a restricted stock grant. |
| 04/05/2026 | Date of vesting: The 1,935 shares of restricted stock will vest in full and be delivered. |
| 04/08/2025 | Date of signature on the Form 4 filing. |
Keywords
Par Pacific Holdings, Director, Share Acquisition, Restricted Stock, Beneficial Ownership, Form 4, Clossey, PARR
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