Form 4: PARR CFO's Routine Stock Withholding for Taxes

Shawn David Flores, CFO of Par Pacific Holdings, Inc., reported a routine disposition of 796 common shares for tax withholding related to restricted stock vesting.

Summary

• Shawn David Flores, Senior Vice President and Chief Financial Officer of Par Pacific Holdings, Inc. (PARR), reported a transaction involving the company's common stock.
• On February 23, 2026, 796 shares of common stock were disposed of at a price of $40.71 per share.
• This disposition represents shares withheld by Par Pacific Holdings, Inc. to cover tax liabilities incurred upon the vesting of restricted shares of common stock.
• Following this transaction, Shawn David Flores beneficially owns 51,572 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a discretionary sale or purchase indicating a change in sentiment.

Positives

• Indicates the vesting of restricted shares, a common form of executive compensation, which is a positive for the reporting person.

Negatives

• A reduction of 796 common shares from the reporting person's direct beneficial ownership due to tax withholding.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to a past transaction.

Industry Context

StockSavvy.ai notes that tax withholdings upon restricted stock vesting are a standard and expected part of executive compensation plans across various industries, reflecting the realization of previously granted equity awards. This transaction is typical for a public company executive.

Comparison to Industry Standards

• This transaction is a standard practice for managing tax obligations arising from the vesting of restricted stock units (RSUs) or similar equity awards.
• Companies like Apple (AAPL), Microsoft (MSFT), and Google (GOOGL) frequently report similar Form 4 filings for their executives, where a portion of vested shares is automatically withheld by the issuer to cover statutory tax liabilities.
• The mechanism is consistent with common corporate governance and compensation practices globally.

Related Party Transactions

• The disposition of shares for tax withholding is a transaction between the reporting person (Shawn David Flores) and the issuer (Par Pacific Holdings, Inc.) related to executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in executive confidence.
• Employees: No direct impact.

Key Dates

Keywords

PAR Pacific Holdings, PARR, Shawn David Flores, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Vesting, CFO, Executive Compensation