Form 4: Par Pacific Holdings Executive Acquires Restricted Stock

Jeffrey Ryan Hollis, Senior VP of Par Pacific Holdings, reports acquisition of restricted stock.

Summary

• On February 23, 2024, Jeffrey Ryan Hollis, Senior VP of Par Pacific Holdings, acquired 4,989 shares of common stock at a price of $39.09 per share.
• These shares represent a grant of restricted stock, vesting in three equal installments on the first, second, and third anniversaries of the grant date.
• Following the transaction, Hollis directly owns 17,876 shares of Par Pacific Holdings common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing indicating insider stock transactions. The grant of restricted stock is a positive sign, but not significantly impactful.

Positives

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

Future Outlook

The restricted stock vests over three years, suggesting a long-term commitment by the executive.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock by a company executive can positively influence shareholder confidence.

Key Dates