Form 4: Par Pacific Holdings Director Anthony Chase Acquires Restricted Stock Units
SEC Form 4 Filing
Director Anthony Chase acquired 1,015 restricted stock units of Par Pacific Holdings, Inc. on July 5, 2024, which will vest on July 5, 2025.
Summary
- On July 5, 2024, Anthony Chase, a director of Par Pacific Holdings, Inc., acquired 1,015 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 July 5, 2025.
- Vested shares will be delivered to the reporting person following termination of service.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by a director is generally viewed as a positive, but it's a routine event.
Positives
- The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The restricted stock units will vest on July 5, 2025, and vested shares will be delivered to the reporting person following termination of service.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The acquisition of restricted stock units by a director may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of transaction: Anthony Chase acquired 1,015 restricted stock units. |
| 07/05/2025 | Date the restricted stock units will vest in full. |
| 07/09/2024 | Date of signature of the Form 4 filing. |
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