Form 4: Par Pacific Holdings Executive Richard Creamer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
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, 2025, Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, disposed of 1,046 shares of common stock.
- The disposal was to cover withholding tax liability incurred upon the vesting of restricted shares.
- The transaction was executed at a price of $14.38 per share.
- Following the transaction, Creamer directly owns 69,837 shares of Par Pacific Holdings.
- The transaction was reported on April 28, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports a stock disposal for tax purposes, which is a routine transaction. There's no indication of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like Richard Creamer, transact in their company's stock. These filings are closely watched 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.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes and does not significantly alter Creamer's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: Richard Creamer disposed of 1,046 shares of common stock. |
| 04/28/2025 | Date of report: Form 4 filing date. |
Keywords
Form 4, PARR, Par Pacific Holdings, Richard Creamer, Executive Compensation, Stock Disposal, Insider Trading, Tax Obligations, EVP Refining and Logistics
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