4/A: PARR Executive Reports Restricted Stock Grant, Tax Withholding

Jeffrey Ryan Hollis, Senior VP at PAR PACIFIC HOLDINGS, INC., reported the acquisition of restricted stock and subsequent disposition for tax withholding.

Summary

• Jeffrey Ryan Hollis, Senior VP General Counsel and Secretary of PAR PACIFIC HOLDINGS, INC. (PARR), reported changes in his beneficial ownership.
• On February 20, 2026, Hollis acquired 7,632 shares of common stock at a price of $42.75 per share, representing a grant of restricted stock.
• One-third of these restricted shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date.
• Following this acquisition, Hollis beneficially owned 38,242 shares of common stock.
• On February 21, 2026, Hollis disposed of 2,469 shares of common stock at $42.75 per share.
• This disposition was for the payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
• After these transactions, Hollis's beneficial ownership stands at 35,773 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation and alignment of interests, with no significant operational implications.

Positives

• The grant of 7,632 restricted shares to a Senior VP aligns management incentives with shareholder interests for long-term performance.

Negatives

• The disposition of 2,469 shares for tax withholding reduces direct beneficial ownership, though this is a standard administrative practice upon restricted stock vesting.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly restricted stock grants and subsequent tax-related dispositions, are common in the energy sector as a form of executive compensation and retention. These transactions reflect standard compensation practices rather than a direct signal of operational performance or strategic shifts.

Comparison to Industry Standards

• The grant of restricted stock is a standard executive compensation practice across various industries, including energy, aligning executive interests with long-term company performance.
• The withholding of shares for tax liability upon vesting is a typical mechanism for managing equity compensation, comparable to practices at companies like ExxonMobil or Chevron for their executive stock plans.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns executive incentives with long-term shareholder value. The tax withholding is a routine administrative event.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

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

Key Dates

Recommendation

This Form 4/A filing details routine executive compensation transactions (restricted stock grant and tax withholding) and does not provide new information that would fundamentally alter the investment thesis for PAR PACIFIC HOLDINGS, INC. It is a standard disclosure and does not warrant a change in investment recommendation.

Keywords

PAR PACIFIC HOLDINGS, PARR, Jeffrey Ryan Hollis, Form 4/A, Restricted Stock, Insider Trading, Beneficial Ownership, Equity Compensation, Tax Withholding