Par Pacific (PARR) Files Form 144 for 5,164-Share Sale via Merrill Lynch

Rhea-AI Filing Summary

Par Pacific Holdings, Inc. (PARR) filed a Form 144 notice for a proposed sale of 5,164 common shares with an aggregate market value of $144,442.64, representing a portion of the company's 50,814,687 outstanding shares. The filing identifies the broker as Merrill Lynch in Atlanta and lists the approximate sale date as 08/14/2025 on the NYSE. The shares were acquired through multiple vesting of stock awards from PAR PACIFIC HOLDINGS, INC. between February 2021 and February 2024 (individual lots of 836, 886, 1,002, 1,004 and 1,436 shares). The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of broker, share count, aggregate market value, and specific acquisition dates
• Shares acquired via compensatory vesting (not purchased on margin or from third parties), with dates listed

Negative

• None.

Insights

Securities Analyst

TL;DR: Small insider sale filed: 5,164 shares (~$144k) scheduled for 08/14/2025; acquired via past equity vesting.

The Form 144 documents a proposed sale by an insider or related person through a broker, consistent with Rule 144 disclosure requirements. The proposed amount is a small fraction of the issuer's outstanding shares (5,164 of 50,814,687). Acquisition history shows compensatory vesting events from 2021 and 2024, indicating these are previously issued awards rather than open-market purchases. No sales in the prior three months are reported, and the filing includes the standard attestation regarding undisclosed material information. This filing appears routine and procedural.

Corporate Governance Expert

TL;DR: Routine compliance filing for sale of vested awards; disclosure meets Rule 144 format with broker and lot details.

The notice provides required details: broker identity, share count, market value, acquisition dates and nature (compensatory vesting), and absence of recent sales. The filing's disclosure of multiple vesting dates supports traceability of title and holding periods. The attestation concerning material adverse information is present. There is no indication in the filing of governance issues, insider pattern changes, or regulatory concerns based solely on the provided information.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 3455 Peachtree Rd NE Ste 1000 Atlanta GA 30326	5164	144442.64	50814687	08/14/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/26/2021	Vesting of Stock Awards	PAR PACIFIC HOLDINGS, INC.			836	02/26/2021	Compensatory Payment
Common	02/27/2021	Vesting of a Stock Award	PAR PACIFIC HOLDINGS, INC.			886	02/27/2021	Compensatory Payment
Common	02/28/2021	Vesting of a Stock Award	PAR PACIFIC HOLDINGS, INC.			1002	02/28/2021	Compensatory Payment
Common	02/16/2024	Vesting of a Stock Award	PAR PACIFIC HOLDINGS, INC.			1004	02/16/2024	Compensatory Payment
Common	02/19/2024	Vesting of a Stock Award	PAR PACIFIC HOLDINGS, INC.			1436	02/19/2024	Compensatory Payment

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by Par Pacific Holdings (PARR) disclose?

It discloses a proposed sale of 5,164 common shares valued at $144,442.64, to be executed through Merrill Lynch on or about 08/14/2025.

How were the shares being sold by the PARR filer acquired?

The shares were acquired by vesting of stock awards from Par Pacific Holdings on dates in February 2021 and February 2024 (lots of 836, 886, 1,002, 1,004 and 1,436 shares).

Does the filing report recent sales by the same person in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale and on which exchange?

Merrill Lynch in Atlanta is listed as the broker and the sale is noted for the NYSE.

What representation does the filer make about material information?

The filer represents they do not know any material adverse information regarding the issuer that has not been publicly disclosed.