Form 4: Par Pacific Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, sold 1,058 shares of common stock to cover withholding tax liabilities.
Summary
- On February 16, 2025, Richard Creamer, EVP of Refining and Logistics at Par Pacific Holdings, Inc., disposed of 1,058 shares of common stock.
- The transaction was executed to cover withholding tax liability incurred upon the vesting of restricted shares.
- The shares were sold at a price of $15.84 per share.
- Following the transaction, Creamer directly owns 46,107 shares of Par Pacific Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are used to disclose transactions by company insiders. This transaction is a common occurrence where shares are sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of transaction: Richard Creamer disposed of 1,058 shares of common stock. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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