HF Sinclair (NYSE: DINO) CEO Franklin Myers buys 15,000 shares, gets RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HF Sinclair Corp CEO and President Franklin Myers reported new investments in company stock. He made an open-market purchase of 15,000 shares of common stock at a weighted average price of $69.11 per share, with individual trades executed between $68.95 and $69.17. He also acquired 1,500 restricted stock units under the company’s long-term incentive plan, which will vest on December 1, 2026 and be settled in common stock on May 1, 2028 if he remains with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares ($1,036,650)
Net Buy
2 txns
Insider
MYERS FRANKLIN
Role
CEO and President
Bought
15,000 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
| Purchase | Common Stock | 15,000 | $69.11 | $1.04M |
Holdings After Transaction:
Common Stock — 162,053 shares (Direct, null)
Footnotes (1)
- Restricted stock units granted under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan. The restricted stock units vest on December 1, 2026, provided that the reporting person continues to provide services to the Issuer through such vesting date. The vested restricted stock units will be paid on May 1, 2028 in the form of the Issuer's common stock equal to the number of vested restricted stock units. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $68.95 to $69.17, inclusive. The reporting person undertakes to provide to HF Sinclair Corporation, any security holder of HF Sinclair Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Open-market purchase: 15,000 shares
Weighted average purchase price: $69.11 per share
Purchase price range: $68.95–$69.17 per share
+3 more
6 metrics
Open-market purchase
15,000 shares
Common Stock bought on May 18, 2026
Weighted average purchase price
$69.11 per share
Open-market purchase on May 18, 2026
Purchase price range
$68.95–$69.17 per share
Individual trade prices within the reported purchase
Restricted stock units granted
1,500 units
Grant under 2020 Long Term Incentive Plan
RSU vesting date
December 1, 2026
Vesting contingent on continued service
RSU payment date
May 1, 2028
Settlement in HF Sinclair common stock
Key Terms
open-market purchase, restricted stock units, Long Term Incentive Plan, weighted average price
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
restricted stock units financial
"Restricted stock units granted under the HF Sinclair Corporation Amended"
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.
Long Term Incentive Plan financial
"under the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transactions did HF Sinclair (DINO) CEO Franklin Myers report?
Franklin Myers reported buying 15,000 HF Sinclair common shares in the open market and receiving 1,500 restricted stock units as a grant, both dated May 18, 2026 under Form 4.
What equity award did HF Sinclair (DINO) grant its CEO Franklin Myers?
HF Sinclair granted Franklin Myers 1,500 restricted stock units under its Amended and Restated 2020 Long Term Incentive Plan, as disclosed in the Form 4 insider filing for May 18, 2026.
When do Franklin Myers’ HF Sinclair (DINO) restricted stock units vest and pay out?
The 1,500 restricted stock units vest on December 1, 2026 if he continues service, and the vested units will be paid in HF Sinclair common stock on May 1, 2028 per the Form 4 footnote.
Is the HF Sinclair (DINO) CEO’s May 18, 2026 transaction an open-market purchase?
Yes. The Form 4 classifies Franklin Myers’ acquisition of 15,000 HF Sinclair common shares as an open-market purchase coded “P,” with a weighted average share price of $69.11.