Form 4: PAR Pacific Holdings Director Timothy Clossey Receives Restricted Stock Grant

PAR Pacific Holdings, Inc. Director Timothy Clossey was granted 795 shares of restricted common stock, valued at $31.45 per share, which will vest on July 5, 2026.

Summary

• Timothy Clossey, a Director of PAR PACIFIC HOLDINGS, INC. (PARR), received a grant of 795 shares of common stock.
• The transaction occurred on July 5, 2025.
• The shares were valued at $31.45 per share at the time of the grant.
• These shares are restricted stock and will vest in full and be delivered on July 5, 2026.
• Following this transaction, Timothy Clossey beneficially owns 86,000 shares of common stock.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a director is generally a positive signal of alignment between management and shareholder interests, though it's a routine compensation event rather than a major strategic announcement.

Positives

• The grant of restricted stock aligns the director's interests with long-term shareholder value.
• The director's beneficial ownership increased to 86,000 shares, indicating continued commitment.

Future Outlook

The granted restricted shares are set to vest in full and be delivered on July 5, 2026, indicating a future milestone for this equity compensation.

Industry Context

This is a routine insider transaction related to executive compensation, common across various industries to align management incentives with shareholder interests. It does not directly reflect broader industry trends.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the director's interests with long-term shareholder value, as the shares vest based on future performance or tenure.

Next Steps

• The restricted shares will vest in full and be delivered on July 5, 2026.

Key Dates

Recommendation

Keywords

PAR Pacific Holdings, PARR, Timothy Clossey, Form 4, Restricted Stock, Stock Grant, Insider Transaction, Director Compensation, Equity Compensation