HF Sinclair (NYSE: DINO) EVP discloses 6,052-share initial ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HF Sinclair Corp executive Craig Linington, EVP, Commercial, reported initial beneficial ownership of 6,052 shares of common stock held directly. This includes 5,612 restricted stock units scheduled to vest between 2026 and 2028, subject to continued employment, with vested units paid in common stock within thirty days after each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Linington Craig
Role
EVP, Commercial
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,052 shares (Direct)
Footnotes (1)
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Key Figures
Common shares beneficially owned: 6,052 shares
Restricted stock units granted: 5,612 units
RSUs vesting 2026: 2,301 units
+2 more
5 metrics
Common shares beneficially owned
6,052 shares
Direct holdings reported as of the Form 3 filing
Restricted stock units granted
5,612 units
Granted under HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan
RSUs vesting 2026
2,301 units
Scheduled to vest on December 1, 2026, subject to continued employment
RSUs vesting 2027
2,301 units
Scheduled to vest on December 1, 2027, subject to continued employment
RSUs vesting 2028
1,010 units
Scheduled to vest on December 1, 2028, subject to continued employment
Key Terms
restricted stock units, Amended and Restated 2020 Long Term Incentive Plan, vesting date
3 terms
restricted stock units financial
"Includes 5,612 restricted stock units granted under the HF Sinclair Corporation..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2020 Long Term Incentive Plan financial
"granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan"
vesting date financial
"provided that the reporting person remains in the employ of the Issuer through each such vesting date"
FAQ
What did HF Sinclair (DINO) EVP Craig Linington report in his Form 3?
He reported beneficial ownership of 6,052 HF Sinclair common shares held directly. This position includes 5,612 restricted stock units that will convert into common stock as they vest over several dates from 2026 through 2028, assuming continued employment.
How many restricted stock units does HF Sinclair (DINO) EVP Craig Linington hold?
Craig Linington holds 5,612 restricted stock units under HF Sinclair’s long-term incentive plan. These RSUs are scheduled to vest in three tranches in 2026, 2027, and 2028, and will be settled in common stock within thirty days after each vesting date.
What is the vesting schedule of DINO EVP Craig Linington’s restricted stock units?
His RSUs vest in three installments: 2,301 units on December 1, 2026, 2,301 on December 1, 2027, and 1,010 on December 1, 2028. Each vesting is conditioned on continued employment and is followed by stock delivery within thirty days.
Are Craig Linington’s HF Sinclair (DINO) restricted stock units settled in cash or stock?
They are settled in HF Sinclair common stock. Within thirty days after each vesting date, the company will deliver a number of common shares equal to the vested restricted stock units, rather than making a cash payment.
Does the Form 3 for HF Sinclair (DINO) show any insider buying or selling by Craig Linington?
It does not show any explicit buy or sell transactions. The Form 3 records his initial beneficial ownership, including time-based restricted stock units, rather than reporting open-market purchases or sales of HF Sinclair common stock.