Form 4: SVP Pitkin Acquires PARR Stock via ESPP

Terrill Pitkin, SVP of PAR PACIFIC HOLDINGS, INC., acquired 196 shares of common stock at $29.87 per share through the company's Employee Stock Purchase Plan.

Summary

• Terrill Pitkin, the Senior Vice President of Planning & Commercial for PAR PACIFIC HOLDINGS, INC. (PARR), acquired 196 shares of common stock.
• The acquisition occurred on December 31, 2025, at a price of $29.87 per share.
• These shares were obtained through the Company's Employee Stock Purchase Plan (ESPP).
• The transaction is exempt under SEC Rules 16b-3(d) and 16b-3(c).
• Following this transaction, Terrill Pitkin beneficially owns a total of 41,419 shares of PAR PACIFIC HOLDINGS, INC. common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by an insider, even a relatively small amount through an ESPP, is generally a positive signal indicating continued confidence in the company's value and prospects.

Positives

• An insider, the SVP of Planning & Commercial, acquired additional shares, which can signal confidence in the company's future prospects.
• The acquisition was made through an Employee Stock Purchase Plan, indicating participation in a standard employee benefit program.

Future Outlook

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

Industry Context

This filing reports a routine insider transaction under an employee stock purchase plan, which is a common practice across industries and generally reflects an insider's continued confidence in their company rather than a specific industry trend.

Related Party Transactions

• Terrill Pitkin, SVP, Planning & Commercial, acquired 196 shares of common stock from PAR PACIFIC HOLDINGS, INC. through the Company's Employee Stock Purchase Plan at $29.87 per share.

Stakeholder Impact

• Shareholders: May view the insider purchase as a minor positive signal of management's continued belief in the company's value.
• Employees: The transaction highlights the availability and utilization of the Employee Stock Purchase Plan, a common benefit.

Key Dates

Recommendation

While insider buying is generally a positive indicator, this transaction involves a relatively small number of shares acquired through an Employee Stock Purchase Plan. It signals continued confidence from management but is not substantial enough to warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

PARR, PAR PACIFIC HOLDINGS, Insider Transaction, Form 4, Stock Acquisition, Employee Stock Purchase Plan, Terrill Pitkin