4/A: PARR CFO Shawn Flores Amends Restricted Stock Grant
Insider Transaction Amendment
PAR Pacific Holdings CFO Shawn Flores filed an amended Form 4 disclosing a restricted stock grant and subsequent tax-related share withholding.
Summary
- Shawn David Flores, Senior Vice President and Chief Financial Officer of PAR PACIFIC HOLDINGS, INC. (PARR), filed an amended Form 4.
- The amendment details the acquisition of 9,789 shares of common stock as a restricted stock grant on February 20, 2026, at a price of $42.75 per share.
- These restricted shares are scheduled to vest in three equal installments: one-third on March 1st after each of the first, second, and third anniversaries of the grant date.
- On February 21, 2026, 2,879 shares of common stock were disposed of to cover withholding tax liabilities incurred upon the vesting of restricted shares.
- Following these reported transactions, Shawn David Flores directly beneficially owns 52,368 shares of common stock.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive event, as it reflects ongoing executive compensation and alignment of management interests with shareholders, without indicating any negative operational or financial news.
Positives
- The CFO received a grant of 9,789 shares of restricted stock, which aligns his long-term interests with shareholder value creation.
Future Outlook
The restricted stock grant to the CFO will vest in three equal installments on March 1st after the first, second, and third anniversaries of the grant date, indicating a future alignment of incentives.
Industry Context
StockSavvy.ai notes that executive equity grants are a common practice in the energy and refining industry, aligning management incentives with shareholder returns. This specific filing is an amendment to a standard insider transaction report, reflecting routine executive compensation.
Stakeholder Impact
- Shareholders: The grant of restricted stock to the CFO aligns management's long-term interests with shareholder value creation.
- Employees: This filing pertains specifically to executive compensation and does not directly impact the broader employee base.
Next Steps
- Vesting of one-third of the restricted stock on March 1st after the first anniversary of the grant date.
- Vesting of one-third of the restricted stock on March 1st after the second anniversary of the grant date.
- Vesting of one-third of the restricted stock on March 1st after the third anniversary of the grant date.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Grant date for 9,789 shares of restricted stock to Shawn David Flores. |
| 02/21/2026 | Date 2,879 shares were withheld for tax liability upon vesting of restricted shares. |
| 02/24/2026 | Date of original Form 4 filing. |
| 02/25/2026 | Signature date of the amended Form 4. |
| March 1st after first anniversary of grant date | First vesting date for one-third of the restricted stock. |
| March 1st after second anniversary of grant date | Second vesting date for one-third of the restricted stock. |
| March 1st after third anniversary of grant date | Third vesting date for one-third of the restricted stock. |
Recommendation
holdThis Form 4/A details a routine executive compensation event involving a restricted stock grant and subsequent tax withholding. It does not contain new operational or financial information that would warrant a change in investment thesis. The grant aligns executive incentives with long-term company performance, which is generally positive, but not a catalyst for a strong buy or sell recommendation.
Keywords
PAR Pacific Holdings, PARR, Shawn Flores, CFO, Form 4/A, Restricted Stock, Equity Grant, Insider Transaction, Executive Compensation
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