Form 4: Par Pacific Holdings Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Shawn David Flores, a Senior Vice President and CFO of Par Pacific Holdings, sold 667 shares of common stock on February 19, 2025, to cover withholding tax liabilities.
Summary
- On February 19, 2025, Shawn David Flores, a Senior Vice President and CFO at Par Pacific Holdings, Inc. (PARR), disposed of 667 shares of common stock.
- The transaction was executed to cover withholding tax liabilities incurred upon the vesting of restricted shares.
- The shares were sold at a price of $15.73 per share.
- Following the transaction, Flores directly owns 26,248 shares of Par Pacific Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. An officer sold shares to cover tax obligations, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates that an officer of Par Pacific Holdings sold shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Shawn David Flores disposed of 667 shares of common stock. |
| 02/20/2025 | Date of signature for the Form 4 filing. |
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