4/A: PARR Executive Receives Restricted Stock Grant

PAR Pacific Holdings' SVP and Chief Retail Officer, Danielle Mattiussi, received a grant of 6,140 restricted shares, with a portion withheld for tax obligations.

Summary

• Danielle Mattiussi, Senior Vice President Chief Retail Officer of PAR PACIFIC HOLDINGS, INC. (PARR), was granted 6,140 shares of restricted common stock on February 20, 2026.
• The grant price for these shares was $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, 1,426 shares of common stock were withheld by the Issuer at a price of $42.75 per share to cover withholding tax liability incurred upon the vesting of restricted shares.
• Following these transactions, Danielle Mattiussi beneficially owns 31,796 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It's a routine compensation action that aligns executive incentives with shareholder interests, without indicating any significant change in the company's operational or financial outlook.

Positives

• The grant of 6,140 restricted shares to a key executive aligns management's interests with long-term shareholder value.
• Equity compensation is a standard practice for retaining and incentivizing senior leadership.

Negatives

• 1,426 shares were withheld by the company for tax purposes, reducing the immediate net beneficial ownership for the executive.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding the company's future performance, beyond the scheduled vesting of the restricted stock grant.

Industry Context

StockSavvy.ai notes that the grant of restricted stock to senior executives is a common and widely accepted practice in corporate compensation structures across various industries. This mechanism is designed to align the interests of management with those of shareholders by tying a portion of executive compensation to the company's long-term stock performance and retention.

Comparison to Industry Standards

• The use of restricted stock grants as a form of executive compensation is a standard practice, comparable to compensation strategies at companies like ExxonMobil, Chevron, and Marathon Petroleum, which frequently utilize equity awards to incentivize their leadership teams.
• The vesting schedule, typically over several years, is also consistent with industry benchmarks aimed at promoting long-term commitment and performance from executives.

Stakeholder Impact

• Shareholders: The grant represents a minor dilution, but it is a standard practice to incentivize management, potentially leading to improved long-term performance.
• Employees: No direct impact on general employees is indicated.
• Customers: No direct impact on customers is indicated.
• Suppliers: No direct impact on suppliers is indicated.
• Creditors: No direct impact on creditors is indicated.

Next Steps

• One-third of the restricted shares will vest on March 1st after the first anniversary of the grant date (March 1, 2027).
• One-third of the restricted shares will vest on March 1st after the second anniversary of the grant date (March 1, 2028).
• One-third of the restricted shares will vest on March 1st after the third anniversary of the grant date (March 1, 2029).

Key Dates

Recommendation

This Form 4/A filing details a routine executive compensation event involving a restricted stock grant and tax withholding. It does not provide new information that would fundamentally alter the company's financial outlook or strategic direction. Therefore, a 'hold' recommendation is appropriate, as the filing does not present a compelling reason to change an existing investment position.

Keywords

PAR Pacific Holdings, PARR, Insider Transaction, Restricted Stock, Equity Compensation, Executive Compensation, Form 4, Danielle Mattiussi