Form 4: PARR Officer Sells 5,228 Shares in Pre-Planned Transaction

Jeffrey R. Hollis, Senior VP and General Counsel of Par Pacific Holdings, Inc., reported a pre-planned sale of 5,228 shares of common stock.

Summary

• Jeffrey R. Hollis, Senior VP General Counsel and Secretary of Par Pacific Holdings, Inc. (PARR), reported a transaction involving the sale of common stock.
• The transaction, executed under a Rule 10b5-1(c) plan, involved the disposition of 5,228 shares of PARR common stock.
• The sale occurred on 09/02/2025 at a weighted average price of $34.55 per share.
• Individual sales prices ranged from $34.54 to $34.63 per share.
• Following this transaction, Mr. Hollis beneficially owns 24,679 shares of common stock.

Sentiment

Score: 4

Explanation: The sale by an insider, even if pre-planned, can be viewed with slight caution by the market. However, the 10b5-1 plan mitigates some of the negative sentiment as it indicates a pre-scheduled event rather than an immediate reaction to new information.

Negatives

• An insider, Jeffrey R. Hollis, sold 5,228 shares of common stock.
• While the sale was pre-planned under a 10b5-1 plan, insider selling can sometimes be interpreted by the market as a lack of confidence in future stock price appreciation.

Risks

• Potential for negative market perception or investor sentiment due to insider selling, even if the transaction is pre-planned under a 10b5-1 plan.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may interpret the insider sale as a slight negative signal, though this is mitigated by the pre-planned nature of the transaction under a 10b5-1 plan.

Key Dates

Recommendation

While an insider sale of 5,228 shares by a Senior VP is noted, the transaction was executed under a pre-arranged 10b5-1 plan, which suggests it is a scheduled liquidity event rather than a reaction to new, negative information. The amount sold represents a relatively small portion of the insider's remaining holdings (24,679 shares still owned). Without further context on the company's fundamentals or broader market conditions, a 'hold' recommendation is appropriate, acknowledging the insider sale while recognizing its pre-planned nature.

Keywords

PAR Pacific Holdings, PARR, Insider Trading, Form 4, Stock Sale, Jeffrey R. Hollis, 10b5-1 Plan, Officer Transaction