Form 4: Par Pacific Holdings Officer Hollis Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey Ryan Hollis, Senior VP General Counsel and Secretary of Par Pacific Holdings, sold 331 shares of common stock on February 19, 2025, to cover withholding tax obligations.
Summary
- On February 19, 2025, Jeffrey Ryan Hollis, a Senior VP General Counsel and Secretary at Par Pacific Holdings, sold 331 shares of common stock.
- The transaction was executed to cover withholding tax liability incurred upon the vesting of restricted shares of common stock.
- The sale price was $15.73 per share.
- Following the transaction, Hollis directly owns 11,480 shares of Par Pacific Holdings.
- The transaction was reported on February 20, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Jeffrey Ryan Hollis sold 331 shares of common stock. |
| 02/20/2025 | Date of report 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.