Form 4: Par Pacific Holdings Executive Hollis Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Jeffrey Ryan Hollis, a Senior VP at Par Pacific Holdings, sold shares of common stock to cover withholding tax liabilities.

Summary

  • On February 16, 2025, Jeffrey Ryan Hollis, a Senior VP at Par Pacific Holdings, disposed of 818 shares of common stock at a price of $15.84.
  • On February 18, 2025, Hollis disposed of another 547 shares at $15.92.
  • These transactions were to cover withholding tax liabilities incurred upon the vesting of restricted shares.
  • Following these transactions, Hollis directly owns 11,811 shares of Par Pacific Holdings.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (selling shares to cover tax obligations) and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates

DateDescription
02/16/2025Hollis disposed of 818 shares of common stock at $15.84.
02/18/2025Hollis disposed of 547 shares of common stock at $15.92.
02/19/2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.