PARR Form 144 Notice: Insider Plans Sale of 8,062 Vested Shares
Rhea-AI Filing Summary
Form 144 notice from Par Pacific Holdings, Inc. (PARR) indicating a proposed sale of 8,062 common shares through Merrill Lynch on approximately 09/02/2025. The filing reports an aggregate market value of $278,118.41 based on total shares outstanding of 50,814,687. The shares were acquired in 2024 through vesting of stock awards from the company on 02/16/2024 (1,979 shares), 02/18/2024 (1,275), 02/19/2024 (1,183), 02/21/2024 (719) and 07/29/2024 (2,906), each listed as compensatory payments. The filer reports no securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notice for 8,062 vested shares; size is immaterial relative to outstanding shares.
The Form 144 documents a proposed sale of 8,062 common shares with an aggregate value of $278,118.41, representing roughly 0.016% of the reported 50,814,687 shares outstanding. All shares were acquired via compensatory vesting in 2024, not open-market purchases, and there are no reported sales in the past three months. This filing appears procedural under Rule 144 to permit an insider or affiliate to sell previously vested awards; it does not disclose new operational or financial data about the company.
TL;DR: Standard compliance filing; sources of shares are company grants, and the statement affirms no undisclosed material information.
The notice lists the broker as Merrill Lynch and confirms the acquisitions were compensatory stock award vestings on specific 2024 dates. The required seller representation about knowledge of material adverse information is included. From a governance and disclosure perspective, the form meets procedural requirements for an affiliate sale under Rule 144 and provides the necessary acquisition history for transparency; it does not indicate governance changes or material events.