Form 4: PARR SVP Pitkin Sells 11,824 Shares

Par Pacific Holdings SVP Terrill Pitkin reported the sale of 11,824 shares of common stock on March 5, 2026, at a weighted average price of $51.22.

Summary

• Terrill Pitkin, SVP, Planning & Commercial of Par Pacific Holdings, Inc. (PARR), reported the sale of 11,824 shares of common stock.
• The transaction occurred on March 5, 2026, and was made pursuant to a Rule 10b5-1(c) plan.
• The shares were sold at a weighted average price of $51.22 per share, with individual sales ranging from $51.03 to $51.52.
• Following this transaction, Terrill Pitkin beneficially owns 34,901 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine insider transaction, likely for personal financial planning, and executed under a 10b5-1 plan, which reduces the implication of opportunistic timing.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged sale rather than an opportunistic one based on immediate non-public information.

Negatives

• Insider selling, even if pre-arranged, can sometimes be interpreted by the market as a signal, though this is a relatively small percentage of the total shares owned by the insider.

Industry Context

StockSavvy.ai notes that insider sales, especially those executed under a Rule 10b5-1 plan, are common for personal financial management and diversification. While a sale by an SVP might draw attention, the pre-arranged nature often mitigates concerns about immediate negative sentiment regarding the company's prospects.

Stakeholder Impact

• Shareholders may note the insider sale, but the execution under a 10b5-1 plan suggests a pre-planned action rather than a reaction to new information.

Key Dates

Recommendation

The reported Form 4 details a pre-scheduled insider sale by an SVP, which is a common occurrence for personal financial management. This transaction alone does not provide sufficient new information to warrant a change in investment recommendation for Par Pacific Holdings, Inc.

Keywords

PARR, Insider Sale, Terrill Pitkin, Form 4, Executive Transaction, Common Stock, 10b5-1 Plan, Par Pacific Holdings