Form 4: Par Pacific Holdings Director Katherine Hatcher Receives Restricted Stock Grant
SEC Form 4 Filing
Director Katherine Hatcher acquired 1,318 shares of Par Pacific Holdings restricted stock on October 5, 2024, which will vest on October 5, 2025.
Summary
- On October 5, 2024, Katherine Hatcher, a director of Par Pacific Holdings, Inc., acquired 1,318 shares of common stock.
- The acquisition was a grant of restricted stock at a price of $18.97 per share.
- These shares will vest in full and be delivered on October 5, 2025.
- Following the transaction, Hatcher directly owns 33,934 shares of Par Pacific Holdings, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The granting of restricted stock is a common practice and suggests confidence in the company's future, but it's not a major event.
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 specific forward-looking statements, but the vesting of the restricted stock in October 2025 suggests a long-term alignment of interests between the director and the company.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a grant of restricted stock, a common form of executive compensation.
Stakeholder Impact
- The grant of restricted stock aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 10/05/2024 | Date of transaction: Katherine Hatcher acquired 1,318 shares of restricted stock. |
| 10/05/2025 | Vesting date for the restricted stock: The 1,318 shares will vest in full and be delivered. |
| 10/08/2024 | Date of signature on the Form 4 filing. |
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