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

Sentiment:

SEC Form 4 Filing


Ivan Daniel Guerra, Chief Accounting Officer of Par Pacific Holdings, sold shares to cover withholding tax liabilities upon the vesting of restricted stock.

Summary

  • On February 16, 2025, Ivan Daniel Guerra, Chief Accounting Officer of Par Pacific Holdings, sold 414 shares of common stock at a price of $15.84 per share to cover withholding tax liabilities.
  • Following this transaction, Guerra directly owns 15,786 shares of Par Pacific Holdings.
  • On February 18, 2025, Guerra sold 597 shares of common stock at a price of $15.92 per share for the same reason.
  • After this second transaction, Guerra directly owns 15,189 shares of Par Pacific Holdings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of the regulatory landscape, 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.

Stakeholder Impact

  • The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant as it is related to tax obligations.

Key Dates

DateDescription
02/16/2025Ivan Guerra sold 414 shares of common stock at $15.84.
02/18/2025Ivan Guerra sold 597 shares of common stock at $15.92.
02/19/2025Date of signature for the Form 4 filing.

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