Form 4: PARR CEO Monteleone Receives Restricted Stock Grant

PAR Pacific Holdings CEO William Monteleone was granted 28,772 restricted shares, with a portion withheld for tax obligations.

Summary

• William Monteleone, President and CEO of PAR PACIFIC HOLDINGS, INC., received a grant of 28,772 shares of restricted common stock on February 20, 2026.
• These shares were granted at a price of $42.75 per share.
• One-third of these restricted shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date.
• On February 21, 2026, 6,851 shares of common stock were disposed of at $42.75 per share to cover withholding tax liabilities incurred upon the vesting of restricted shares.
• Following these transactions, Monteleone directly beneficially owns 442,756 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting ongoing executive compensation and retention, which is generally a sign of stability, though it's a routine disclosure.

Positives

• William Monteleone, President and CEO, received a grant of 28,772 restricted shares, aligning his interests with long-term shareholder value.
• The grant demonstrates ongoing executive compensation and retention strategies by PAR Pacific Holdings.

Negatives

• 6,851 shares were withheld by the Issuer to cover tax liabilities, resulting in a reduction of the executive's direct beneficial ownership by that amount.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive compensation, particularly through restricted stock grants, is a standard practice across industries to incentivize long-term performance and align management interests with shareholders. This filing reflects a routine aspect of executive compensation for a publicly traded company.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the CEO's long-term interests with shareholder value. The tax-related disposition is a routine event and has a minimal impact on overall share float.

Next Steps

• Vesting of one-third of the restricted shares on March 1st after the first, second, and third anniversaries of the grant date (February 20, 2026).

Key Dates

Recommendation

This Form 4 filing reports a routine executive compensation event involving a restricted stock grant and subsequent tax-related share disposition. Such transactions are common and generally do not provide new fundamental information that would warrant a change in investment recommendation. The grant aligns executive interests with long-term performance, which is a positive, but it's not a catalyst for significant price movement. Therefore, a "hold" recommendation is appropriate as this filing does not alter the underlying investment thesis.

Keywords

PAR Pacific Holdings, PARR, William Monteleone, Restricted Stock, Executive Compensation, Insider Transaction, Form 4, Stock Grant, CEO