Par Pacific officer granted 7,632 restricted shares
Par Pacific Holdings, Inc. officer Hollis Jeffrey Ryan reported updated equity activity.
Rhea-AI Filing Summary
Par Pacific Holdings, Inc. officer Hollis Jeffrey Ryan reported updated equity activity. On February 20, he acquired 7,632 shares of common stock at $42.75 per share as a grant of restricted stock. According to the footnotes, one third of these shares will vest on March 1 after each of the first, second, and third anniversaries of the grant date.
On February 21, 2,469 shares of common stock, valued at $42.75 per share, were disposed of in a tax-withholding transaction to cover withholding tax liability upon the vesting of restricted shares. After these transactions, Ryan directly owned 35,773 shares of Par Pacific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 2,469 | $42.75 | $106K |
| Grant/Award | Common stock | 7,632 | $42.75 | $326K |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider transactions did Par Pacific (PARR) report for Hollis Jeffrey Ryan?
Was the Par Pacific (PARR) insider transaction an open-market sale or a tax withholding?
What is the vesting schedule for Hollis Jeffrey Ryan’s Par Pacific (PARR) restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.