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

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

Summary

• On February 19, 2025, Ivan Daniel Guerra, the Chief Accounting Officer of Par Pacific Holdings, Inc., engaged in a transaction involving the company's common stock.
• Guerra disposed of 656 shares of common stock at a price of $15.73 per share to cover withholding tax liability.
• Following the transaction, Guerra directly owns 14,533 shares of Par Pacific Holdings, Inc.
• The transaction was reported on February 20, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice among company executives.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade 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. Sales to cover tax obligations are common and don't necessarily indicate a negative outlook.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates