Form 4: PARR Director Martinez Receives Equity Grant

PAR Pacific Holdings Director Patricia Martinez was granted 728 restricted common shares, valued at $34.32 each, set to vest on October 5, 2026.

Summary

• Patricia Martinez, a Director of PAR PACIFIC HOLDINGS, INC. (PARR), acquired 728 shares of common stock.
• The transaction occurred on October 5, 2025, at a price of $34.32 per share.
• These shares represent a grant of restricted stock.
• The restricted shares will vest in full and be delivered on October 5, 2026.
• Following this transaction, Patricia Martinez beneficially owns 10,335 shares of common stock directly.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a director is generally a positive signal, aligning management interests with shareholders, though it's a routine compensation event rather than a major strategic announcement.

Positives

• Director Patricia Martinez received a grant of 728 restricted shares, indicating continued alignment of interests with shareholders.
• The grant price of $34.32 per share reflects a specific valuation at the time of the grant.

Risks

• The value of the restricted stock grant is subject to market fluctuations until vesting on October 5, 2026.

Future Outlook

The restricted stock grant is set to vest on October 5, 2026, indicating a future delivery of shares to the director.

Industry Context

Form 4 filings are routine for insider transactions and reflect standard compensation practices for directors, often involving equity grants to align interests with shareholders.

Comparison to Industry Standards

• Equity grants, particularly restricted stock, are a common component of director compensation across various industries, including energy and refining, to incentivize long-term performance and retention. This practice is consistent with general corporate governance standards.

Related Party Transactions

• Grant of restricted stock to Director Patricia Martinez as part of her compensation.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with shareholders, potentially encouraging long-term value creation. It also represents a minor dilution upon vesting.
• Employees: No direct impact on general employees.

Next Steps

• The restricted shares granted to Patricia Martinez will vest and be delivered on October 5, 2026.

Key Dates

Recommendation

This Form 4 reports a routine restricted stock grant to a director, which is a standard compensation practice and does not provide new fundamental information to warrant a change in investment recommendation. It indicates continued alignment of director interests with shareholders.

Keywords

PARR, PAR Pacific Holdings, Patricia Martinez, Form 4, insider transaction, restricted stock, director compensation, equity grant