Form 4: William Pate Acquires Restricted Stock Units in Par Pacific Holdings, Inc.

Sentiment:

SEC Form 4


Director William Pate acquired 1,935 restricted stock units in Par Pacific Holdings, Inc. on April 5, 2025, which will vest on April 5, 2026, and be delivered on December 1, 2029.

Summary

  • On April 5, 2025, William Pate, a director of Par Pacific Holdings, Inc., acquired 1,935 restricted stock units.
  • These restricted stock units represent a contingent right to receive one share of common stock each.
  • The restricted stock units will vest in full on April 5, 2026.
  • The vested shares will be delivered to the reporting person on December 1, 2029.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of restricted stock units. It's a positive sign that a director is incentivized with company stock, but it's not a major event.

Positives

  • The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting and delivery dates of the restricted stock units.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

  • The acquisition of restricted stock units by a director can positively influence shareholder sentiment by aligning management's interests with those of the shareholders.

Key Dates

DateDescription
04/05/2025Date of transaction: William Pate acquired 1,935 restricted stock units.
04/05/2026Vesting date for the restricted stock units.
12/01/2029Date the vested shares will be delivered to William Pate.
04/08/2025Date of signature for the Form 4 filing.

Keywords

restricted stock units, Form 4, beneficial ownership, Par Pacific Holdings, William Pate, director, acquisition

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