Form 4: Par Pacific Holdings Director William Pate Acquires Restricted Stock

Director William Pate acquired 1,015 shares of restricted stock in Par Pacific Holdings, vesting on July 5, 2025.

Summary

• On July 5, 2024, William Pate, a director of Par Pacific Holdings, Inc., acquired 1,015 shares of common stock.
• The acquisition was a grant of restricted stock.
• The shares will vest in full and be delivered on July 5, 2025.
• Following the transaction, Pate directly owns 519,074 shares of Par Pacific Holdings.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition. The director's acquisition could be seen as a slightly positive signal.

Positives

• The director's acquisition of shares may signal confidence in the company's future performance.

Future Outlook

The vesting of the restricted stock in July 2025 suggests a long-term commitment by the director.

Industry Context

Form 4 filings are routine disclosures of insider transactions, providing transparency to investors about the actions of company insiders.

Comparison to Industry Standards

• Comparing Pate's holdings to those of other directors in similar energy companies would provide context on the significance of his stake.
• Analyzing the vesting schedules of restricted stock grants at peer companies like Valero or Marathon Petroleum could offer insights into Par Pacific's compensation practices.

Stakeholder Impact

• The acquisition of shares by a director could positively influence investor sentiment.

Key Dates