Form 4: Par Pacific Holdings Executive Richard Creamer Reports Stock Disposal for Tax Obligations

Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, disposed of 1,046 shares of common stock to cover withholding tax obligations.

Summary

• On April 25, 2024, Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, Inc., disposed of 1,046 shares of common stock.
• The transaction was executed to cover withholding tax liability incurred upon the vesting of restricted shares.
• The shares were disposed of at a price of $32.46 per share.
• Following the transaction, Creamer directly owns 48,541 shares of Par Pacific Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing relates to a standard transaction for tax purposes and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and future prospects. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook.

Key Dates