Form 4: PARR CFO Shawn Flores Receives Restricted Stock Grant

PAR Pacific Holdings CFO Shawn Flores was granted 9,789 shares of restricted stock, with a portion withheld for tax obligations.

Summary

• Shawn David Flores, Senior Vice President and Chief Financial Officer of PAR PACIFIC HOLDINGS, INC. (PARR), received a grant of 9,789 shares of restricted common stock on February 20, 2026, at a price of $42.75 per share.
• On February 21, 2026, 2,879 shares of common stock were withheld by the Issuer to cover the withholding tax liability incurred upon the vesting of restricted shares.
• Following these transactions, Shawn Flores beneficially owns 44,178 shares of common stock directly.
• The restricted shares will vest in three equal installments, with one-third vesting on March 1st after each of the first, second, and third anniversaries of the grant date (February 20, 2026).

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, as it signifies continued alignment of the CFO's interests with the company's long-term performance through equity compensation, which is a standard and healthy practice.

Positives

• The grant of restricted stock to the CFO aligns management's interests with those of shareholders, incentivizing long-term performance.
• The transaction represents a standard component of executive compensation, indicating ongoing commitment from key management.

Negatives

• A portion of the granted shares (2,879 shares) was immediately disposed of to cover tax liabilities, reducing the net increase in beneficial ownership.

Future Outlook

The restricted stock grant includes a future vesting schedule, with one-third of the shares vesting on March 1st after each of the first, second, and third anniversaries of the February 20, 2026 grant date, indicating a long-term incentive structure.

Industry Context

StockSavvy.ai notes that restricted stock grants to executive officers are a common practice across industries, serving as a key component of long-term incentive compensation plans designed to align management's interests with shareholder value creation. This transaction is consistent with typical executive compensation structures in the energy and refining sector.

Stakeholder Impact

• Shareholders: The grant of restricted stock to the CFO helps align management's long-term interests with shareholder value, potentially leading to more focused strategic decisions.
• Employees: This transaction is specific to executive compensation and does not directly impact the broader employee base, though it reflects the company's compensation philosophy for key personnel.

Next Steps

• The restricted shares will vest in three annual installments, beginning on March 1st after the first anniversary of the grant date (February 20, 2026).

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction related to executive compensation. While it indicates management alignment, it does not provide new fundamental information or significant changes in the company's operational or financial outlook that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this is an expected event.

Keywords

PAR Pacific Holdings, PARR, Shawn Flores, CFO, Restricted Stock, Stock Grant, Insider Transaction, Executive Compensation, SEC Form 4