Par Pacific (PARR) EVP receives 10,947 restricted shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. executive Richard Creamer reported equity compensation and related tax withholding in company stock. He received a grant of 10,947 shares of restricted common stock at $42.75 per share. Separately, 2,079 shares were withheld at $42.75 to cover taxes upon restricted stock vesting. After these transactions, he directly owned 73,654 common shares. The new restricted shares vest in three equal installments each March 1 over the first, second, and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Creamer Richard
Role
EVP - Refining and Logistics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 2,079 | $42.75 | $89K |
| Grant/Award | Common stock | 10,947 | $42.75 | $468K |
Holdings After Transaction:
Common stock — 73,654 shares (Direct)
Footnotes (1)
- Represents a grant of shares of restricted stock received by the reporting person. One third of the shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date. Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
FAQ
What insider transactions did PARR executive Richard Creamer report?
Richard Creamer reported a restricted stock grant and related tax withholding. He received 10,947 restricted common shares at $42.75 and had 2,079 shares withheld to cover tax liabilities tied to vesting restricted stock awards.
Was Richard Creamer’s PAR PACIFIC (PARR) transaction an open-market buy or sell?
The filing does not show open-market buying or selling. It reports a grant of restricted stock as compensation and a disposition of shares withheld by the issuer to pay tax liabilities from the vesting of restricted stock.