4/A: PARR CFO Shawn Flores Reports Tax-Related Share Disposition

PAR Pacific Holdings CFO Shawn Flores reported the disposition of 626 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 change in beneficial ownership.
• On February 18, 2026, 626 shares of common stock were disposed of.
• This disposition was due to shares being withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
• The shares were valued at $42.23 per share for this transaction.
• Following this reported transaction, Flores directly owns 45,458 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting a standard administrative process for executive equity compensation rather than a strategic move or a signal of company performance.

Positives

• The vesting of restricted shares indicates continued executive compensation and retention, aligning the CFO's interests with long-term company performance.

Negatives

• The disposition of 626 shares reduces the executive's direct beneficial ownership, although this is for a routine tax-related purpose.

Future Outlook

N/A

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding on vested equity, are common and generally not indicative of a change in company fundamentals or strategic direction. They are a routine part of executive compensation structures across industries.

Comparison to Industry Standards

• This type of transaction, where shares are withheld for tax purposes upon the vesting of restricted stock, is a standard practice for equity compensation plans across publicly traded companies.
• It aligns with typical executive compensation structures in the energy and refining sector, where equity awards are a significant component of remuneration.

Related Party Transactions

• Disposition of shares by the CFO to the Issuer for tax withholding related to restricted stock vesting, a standard compensation-related transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine administrative transaction related to executive compensation.
• Employees: No direct impact.
• Customers, Suppliers, Creditors: No direct impact.

Key Dates

Recommendation

This Form 4/A filing details a routine insider transaction related to tax withholding on vested restricted stock. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this event is neutral in its implications for the stock's fundamental value.

Keywords

PAR Pacific Holdings, PARR, Shawn Flores, CFO, Form 4/A, Insider Transaction, Stock Vesting, Tax Withholding, Equity Compensation, Beneficial Ownership