Form 4: PARR Director Boosts Stake with Stock Acquisitions

PAR Pacific Holdings Director Curt Anastasio increased his direct beneficial ownership through common stock acquisitions and the vesting of restricted stock units.

Summary

• Director Curt Anastasio of PAR Pacific Holdings, Inc. (PARR) reported changes in his beneficial ownership.
• On January 5, 2026, Anastasio acquired 360 shares of common stock at a price of $37.26 per share.
• On the same date, he also received a grant of 671 shares of restricted stock, also valued at $37.26 per share. These shares will vest in full and be delivered on January 5, 2027.
• Additionally, 360 restricted stock units vested in full and were delivered to Anastasio as common stock on January 5, 2026.
• Following these transactions, Anastasio's direct beneficial ownership of common stock increased to 110,018 shares.
• The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The director's increased beneficial ownership through stock acquisitions and vesting of restricted stock units suggests confidence in the company's future performance.

Positives

• Director Curt Anastasio increased his direct beneficial ownership in PAR Pacific Holdings, Inc. by acquiring additional common stock and through the vesting of restricted stock units.
• The transactions, including the acquisition of 360 common shares and the grant of 671 restricted shares, demonstrate continued alignment of management interests with shareholders.
• The vesting of 360 restricted stock units into common stock further solidifies the director's stake in the company.

Future Outlook

The 671 shares of restricted stock granted on January 5, 2026, are scheduled to vest in full and be delivered to the reporting person on January 5, 2027.

Industry Context

Insider transactions, such as those reported in a Form 4, are closely watched by investors as they can signal management's confidence in the company's future prospects. While not a direct indicator of broader industry trends, an increase in director ownership can be interpreted as a positive sign for the company within its sector.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased director ownership may be viewed positively, signaling management's alignment with shareholder interests and confidence in the company.

Next Steps

• The 671 shares of restricted stock granted on January 5, 2026, are expected to vest and be delivered on January 5, 2027.

Key Dates

Keywords

PAR Pacific Holdings, PARR, Insider transaction, Form 4, Director stock acquisition, Restricted stock units, Curt Anastasio, Equity ownership, Rule 10b5-1(c)