Form 4: PARR Executive Sells Shares for Tax Obligations

PAR Pacific Holdings' Senior VP, Danielle Mattiussi, disposed of 640 common shares to cover tax liabilities from restricted stock vesting.

Summary

• Danielle Mattiussi, Senior Vice President Chief Retail Officer of PAR PACIFIC HOLDINGS, INC. (PARR), reported a transaction.
• On February 23, 2026, Mattiussi disposed of 640 shares of common stock.
• The shares were withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
• The transaction price per share was $40.71.
• Following this transaction, Mattiussi beneficially owns 31,156 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a discretionary sale or a significant change in insider holdings.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that this type of transaction, where shares are withheld to cover tax obligations upon the vesting of restricted stock, is a routine and common occurrence for executives receiving equity compensation. It does not typically reflect a discretionary sale or a change in management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in company fundamentals or executive sentiment.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by an executive to cover tax liabilities associated with restricted stock vesting. Such transactions are common and do not typically signal a change in the company's operational performance, strategic direction, or the executive's long-term view of the company. Therefore, a 'hold' recommendation is appropriate as this event alone does not provide new information to warrant a change in investment thesis.

Keywords

PAR Pacific Holdings, PARR, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Danielle Mattiussi, Tax Withholding