4/A: PARR CFO Shawn Flores Amends Stock Transactions
Insider Transaction Report Amendment
PAR Pacific Holdings CFO Shawn Flores amended a Form 4 filing detailing recent common stock transactions related to performance share unit vesting and tax withholdings.
Summary
- Shawn David Flores, Senior Vice President and Chief Financial Officer of PAR Pacific Holdings, Inc. (PARR), filed an amended Form 4.
- The filing reports transactions on February 16, 2026, involving the company's common stock.
- Flores acquired 13,202 shares of common stock at a price of $42.86 per share, resulting from the vesting of 8,409 performance share unit awards.
- These performance share units were granted on February 16, 2023, for a performance cycle spanning January 1, 2023, to December 31, 2025.
- Concurrently, 1,195 shares and an additional 5,012 shares (totaling 6,207 shares) were disposed of by the Issuer at $42.86 per share to cover tax withholding liabilities associated with the vesting.
- Following these reported transactions, Shawn Flores directly beneficially owns 46,084 shares of PAR Pacific Holdings, Inc. common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this filing as moderately positive. While the transactions are routine, the vesting of performance share units indicates the achievement of prior performance goals, and the net increase in the CFO's holdings suggests continued alignment with shareholder value.
Positives
- The vesting of 8,409 performance share unit awards, resulting in 13,202 shares, indicates that performance targets for the January 1, 2023, to December 31, 2025, cycle were successfully met.
- The net increase in shares beneficially owned by the CFO (after accounting for vesting and tax withholdings) demonstrates continued alignment of management's interests with shareholders.
Negatives
- No inherently negative aspects are disclosed in this routine insider transaction filing; tax withholdings are a standard component of equity compensation plans.
Future Outlook
This filing does not contain specific forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- Shawn Flores, Senior Vice President Chief Financial Officer, signed the filing.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those involving key executives like a Chief Financial Officer, are routinely monitored by investors for insights into management's confidence and alignment with shareholder interests. The vesting of performance-based awards is a common component of executive compensation structures across industries, designed to incentivize long-term performance.
Stakeholder Impact
- Shareholders may view the vesting of performance share units as a positive indicator of management's ability to meet strategic objectives and create value.
- The increase in the CFO's direct beneficial ownership reinforces management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Grant date of 8,409 performance share unit awards to Shawn Flores. |
| 01/01/2023 | Start of the performance cycle for the granted share units. |
| 12/31/2025 | End of the performance cycle for the granted share units. |
| 02/16/2026 | Date of common stock transactions, including vesting of performance share units and related tax withholdings. |
| 02/18/2026 | Date the original Form 4 was filed. |
| 02/25/2026 | Date this amended Form 4 was signed and filed. |
Keywords
PARR, Shawn Flores, CFO, Insider Transaction, Form 4, Equity Compensation, Performance Share Units, Stock Vesting, Tax Withholding
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