Form 4: Par Pacific Holdings Executive Danielle Mattiussi Reports Stock Grant and Disposal

Danielle Mattiussi, Senior Vice President and Chief Retail Officer of Par Pacific Holdings, reports receiving a grant of restricted stock and disposing of shares.

Summary

• On February 23, 2024, Danielle Mattiussi, Senior Vice President Chief Retail Officer of Par Pacific Holdings, Inc., reported a transaction involving the company's common stock.
• Mattiussi acquired 6,575 shares of restricted stock at a price of $39.09 per share.
• Mattiussi also disposed of 10,296 shares.
• Following the reported transactions, Mattiussi directly owns 10,296 shares of Par Pacific Holdings, Inc.
• One third of the shares will vest on each of the first, second, and third anniversaries of the grant date.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it primarily reports transactions. The stock grant is a positive sign, but the disposal of shares introduces some uncertainty.

Positives

• The grant of restricted stock to a key executive could be seen as an incentive to align their interests with the long-term performance of the company.

Negatives

• The disposal of 10,296 shares by Mattiussi could be interpreted negatively by investors, although the reason for disposal is not disclosed.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the insider's transactions as an indicator of company performance and management confidence.

Key Dates