Form 4: Par Pacific Holdings Officer Reports Stock Grant and Tax Withholding

Danielle Mattiussi, Senior Vice President of Par Pacific Holdings, reports the acquisition of restricted stock and subsequent disposal of shares for tax withholding.

Summary

• On February 21, 2025, Danielle Mattiussi, Senior Vice President of Par Pacific Holdings, received a grant of 13,828 shares of restricted stock at a price of $15.62 per share.
• One third of these shares will vest annually over the next three years.
• On February 23, 2025, 749 shares of common stock were withheld by Par Pacific Holdings for payment of withholding tax liability incurred upon the vesting of restricted shares at a price of $15.62.
• Following these transactions, Mattiussi directly owns 22,892 shares of Par Pacific Holdings.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The grant of restricted stock to a senior officer aligns their interests with the long-term performance of the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock grants and tax withholdings.

Stakeholder Impact

• The stock grant incentivizes the officer to work towards increasing shareholder value.

Key Dates