Form 4: William Pate, Director at Par Pacific Holdings, Acquires Restricted Stock

Sentiment:

SEC Form 4 Filing


Director William Pate acquired 1,318 shares of restricted stock in Par Pacific Holdings, Inc. on October 5, 2024, which will vest on October 5, 2025.

Summary

  • On October 5, 2024, William Pate, a director at Par Pacific Holdings, Inc., acquired 1,318 shares of common stock.
  • The acquisition was a grant of restricted stock priced at $18.97 per share.
  • These shares will vest in full and be delivered on October 5, 2025.
  • Following the transaction, Pate directly owns 520,392 shares of Par Pacific Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. The acquisition itself can be seen as a slightly positive signal, but it's not a major event.

Positives

  • The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock in October 2025 suggests a long-term perspective.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

DateDescription
10/05/2024Date of transaction: William Pate acquired 1,318 shares of restricted stock.
10/05/2025Date of vesting: The 1,318 shares of restricted stock will vest in full and be delivered.
10/08/2024Date of signature on the Form 4 filing.

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