Form 4: PAR Pacific Holdings SVP Acquires Shares Through Employee Stock Purchase Plan
Insider Transaction Report
Terrill Pitkin, SVP of Planning & Commercial at PAR Pacific Holdings, Inc., acquired 405 shares of common stock through the company's Employee Stock Purchase Plan.
Summary
- Terrill Pitkin, the Senior Vice President of Planning & Commercial for PAR Pacific Holdings, Inc. (PARR), acquired 405 shares of common stock.
- The transaction occurred on June 30, 2025, with shares purchased at a price of $22.55 per share.
- These shares were acquired under the Company's Employee Stock Purchase Plan (ESPP).
- The acquisition is exempt under SEC Rules 16b-3(d) and 16b-3(c).
- Following this transaction, Terrill Pitkin directly beneficially owns 46,387 shares of common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by an SVP, even through an ESPP, is a positive indicator of insider confidence, though the small size of the transaction limits its overall impact on sentiment.
Positives
- An officer of the company, Terrill Pitkin, acquired additional shares, which can signal confidence in the company's future prospects.
- The acquisition was made through an Employee Stock Purchase Plan, indicating participation in employee benefit programs.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
Insider purchases, even small ones made through employee plans, are generally viewed as a positive signal, indicating that company executives have a vested interest and confidence in the company's performance and valuation within the energy and refining sector.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders may view the insider purchase as a positive sign of management's alignment with shareholder interests and confidence in the company's value.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of transaction where 405 shares of common stock were acquired. |
| 07/02/2025 | Date the Form 4 was signed by Terrill Pitkin. |
Keywords
PAR Pacific Holdings, PARR, Terrill Pitkin, Form 4, SEC filing, insider transaction, stock acquisition, ESPP, employee stock purchase plan
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