Form 4: Par Pacific Holdings Director Katherine Hatcher Acquires Restricted Stock

Director Katherine Hatcher of Par Pacific Holdings acquired 1,497 shares of restricted stock on January 5, 2025, which will vest on January 5, 2026.

Summary

• Katherine Hatcher, a director at Par Pacific Holdings, acquired 1,497 shares of restricted common stock on January 5, 2025.
• The acquisition was a grant of restricted stock, not a purchase on the open market.
• The shares are subject to a vesting period and will be fully delivered on January 5, 2026.
• Following the transaction, Ms. Hatcher beneficially owns 35,431 shares of Par Pacific Holdings common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of restricted stock grant to a director, which is generally viewed as a neutral to slightly positive event. It indicates alignment of interests between the director and the company's long-term performance.

Positives

• The acquisition of restricted stock by a director can be seen as a positive sign of confidence in the company's future performance.
• The vesting period aligns the director's interests with the long-term success of the company.

Future Outlook

The restricted stock will vest on January 5, 2026, which is a future event.

Industry Context

This is a standard SEC Form 4 filing related to a director's stock ownership. It is common for companies to grant restricted stock to directors as part of their compensation.

Comparison to Industry Standards

• The granting of restricted stock to directors is a common practice across many industries, particularly in publicly traded companies.
• The vesting period of one year is also a typical timeframe for such grants.
• The number of shares granted is relatively small compared to the total outstanding shares of the company, suggesting it is a standard compensation practice rather than a significant ownership change.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term success.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Next Steps

• The restricted stock will vest on January 5, 2026.

Key Dates

Keywords

Par Pacific Holdings, Director, Katherine Hatcher, Restricted Stock, Beneficial Ownership, Stock Grant, Vesting