Form 4: Par Pacific Holdings EVP Richard Creamer Reports Acquisition of 8,443 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, acquired 8,443 shares of common stock on February 23, 2024, at a price of $39.09 per share.

Summary

  • On February 23, 2024, Richard Creamer, the EVP of Refining and Logistics at Par Pacific Holdings, acquired 8,443 shares of common stock.
  • The acquisition was a grant of restricted stock.
  • The price per share was $39.09.
  • Following the transaction, Creamer beneficially owns 47,495 shares.
  • One third of the shares will vest on each of the first, second, and third anniversaries of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive's stock acquisition, which can be interpreted as a positive sign of confidence, but it's not overwhelmingly positive.

Positives

  • The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the transactions of company executives and directors, allowing investors to track insider sentiment and potential alignment with shareholder interests.

Key Dates

DateDescription
02/23/2024Date of transaction: Richard Creamer acquired 8,443 shares of common stock.
02/27/2024Date of report: Form 4 filing date.

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