Form 4: PARR Executive Receives Restricted Stock Grant

Jeffrey R. Hollis, Senior VP and General Counsel of Par Pacific Holdings, Inc., was granted 7,632 shares of restricted common stock.

Summary

• Jeffrey R. Hollis, Senior VP General Counsel and Secretary of Par Pacific Holdings, Inc. (PARR), received a grant of 7,632 shares of restricted common stock on February 20, 2026.
• The shares were granted at a deemed price of $42.75 per share.
• One-third of the granted shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date.
• On February 21, 2026, 2,469 shares of common stock were withheld by the Issuer at $42.75 per share to cover tax liabilities incurred upon the vesting of restricted shares.
• Following these transactions, Hollis beneficially owns 27,887 shares of common stock directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting standard executive compensation practices that align management incentives with shareholder value, though it's a routine disclosure rather than a significant operational update.

Positives

• A grant of 7,632 restricted common shares to a key executive, Jeffrey R. Hollis, aligns management's long-term interests with those of shareholders.
• The multi-year vesting schedule for the restricted stock encourages executive retention and sustained performance.

Negatives

• The disposition of 2,469 shares for tax withholding reduces the executive's immediate beneficial ownership.

Future Outlook

The filing does not contain forward-looking statements or guidance beyond the specified vesting schedule for the restricted stock.

Industry Context

StockSavvy.ai notes that executive stock grants are a common practice across industries to incentivize leadership and align their financial interests with long-term company performance. This grant to a Senior VP at Par Pacific Holdings is consistent with typical executive compensation strategies in the energy and refining sector.

Comparison to Industry Standards

• Executive compensation packages, including restricted stock grants, vary widely based on company size, industry, and executive role. Without specific details on Par Pacific Holdings' overall compensation philosophy or comparable grants at peer companies like Marathon Petroleum (MPC), Valero Energy (VLO), or Phillips 66 (PSX), a direct comparison of this specific grant's size or terms to industry benchmarks is not feasible from this filing alone.
• However, the use of restricted stock with a multi-year vesting schedule is a standard practice for executive retention and performance incentives across various industries.

Stakeholder Impact

• Shareholders: The grant aligns the executive's long-term interests with shareholder value creation, potentially fostering sustained performance.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• Vesting of one-third of the restricted shares on March 1st after the first anniversary of the grant date (February 20, 2026).
• Subsequent vesting of one-third of the restricted shares on March 1st after the second and third anniversaries of the grant date.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving a restricted stock grant and subsequent tax withholding. It does not provide new operational or financial performance data that would warrant a change in investment recommendation. The grant itself is a positive for aligning executive incentives, but it's not a catalyst for a 'buy' or 'sell' decision. Therefore, maintaining a 'hold' recommendation is appropriate based solely on this filing.

Keywords

PAR PACIFIC HOLDINGS, PARR, Jeffrey R. Hollis, Restricted Stock, Insider Trading, Form 4, Executive Compensation, Equity Grant, Stock Vesting