Form 4: PARR Executive Disposes Shares for Tax Withholding

PAR Pacific Holdings SVP Terrill Pitkin disposed of 456 common shares to cover tax liabilities from restricted stock vesting.

Summary

• Terrill Pitkin, SVP, Planning & Commercial at PAR PACIFIC HOLDINGS, INC. (PARR), disposed of 456 shares of common stock.
• The transaction occurred on February 23, 2026, at a price of $40.71 per share.
• These shares were withheld by the Issuer to cover withholding tax liability incurred upon the vesting of restricted shares of common stock.
• Following this transaction, Terrill Pitkin beneficially owns 46,725 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction for tax purposes related to the vesting of restricted stock.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon restricted stock vesting, are common and generally do not reflect a change in an executive's outlook on the company's performance or broader industry trends. They are typically routine events tied to compensation structures.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in company fundamentals or executive confidence.

Key Dates

Keywords

PAR PACIFIC HOLDINGS, PARR, Terrill Pitkin, insider trading, Form 4, stock disposition, tax withholding, restricted stock vesting, executive compensation