STOCK TITAN

Par Pacific (NYSE: PARR) executive exercises awards, withholds shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

PAR PACIFIC HOLDINGS, INC. executive Hollis Jeffrey Ryan reported a series of equity compensation-related moves in common stock. On February 16, 2026, he acquired 13,003 shares through the exercise or conversion of a derivative security at $42.86 per share. On the same date, he disposed of 1,232 shares and 5,117 shares at $42.86 per share to cover tax withholding obligations. Footnotes explain that these dispositions were shares withheld by the company for tax liabilities tied to vesting restricted stock, and that the exercised shares relate to 8,282 performance share unit awards granted in 2023.

Positive

  • None.

Negative

  • None.
Insider Hollis Jeffrey Ryan
Role See Remarks
Type Security Shares Price Value
Tax Withholding Common stock 1,232 $42.86 $53K
Exercise Common stock 13,003 $42.86 $557K
Tax Withholding Common stock 5,117 $42.86 $219K
Holdings After Transaction: Common stock — 23,447 shares (Direct)
Footnotes (1)
  1. 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. The shares were granted to the reporting person in connection with the vesting of 8,282 performance share unit awards granted to the reporting person on February 16, 2023, relating to the performance cycle from January 1, 2023, to December 31, 2025.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hollis Jeffrey Ryan

(Last) (First) (Middle)
825 TOWN AND COUNTRY LANE
SUITE 1500

(Street)
HOUSTON TX 77024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PAR PACIFIC HOLDINGS, INC. [ PARR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock 02/16/2026 F 1,232(1) D $42.86 23,447 D
Common stock 02/16/2026 M 13,003(2) A $42.86 36,450 D
Common stock 02/16/2026 F 5,117(1) D $42.86 31,333 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The shares were granted to the reporting person in connection with the vesting of 8,282 performance share unit awards granted to the reporting person on February 16, 2023, relating to the performance cycle from January 1, 2023, to December 31, 2025.
Remarks:
Senior VP - General Counsel and Secretary
/s/ Jeffrey R. Hollis 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Hollis Jeffrey Ryan report in this amended Form 4 for PARR?

Hollis Jeffrey Ryan reported equity compensation activity in Par Pacific common stock. He exercised derivative awards into shares and had some shares withheld by the company to satisfy tax obligations arising from vesting stock-based awards.

How many Par Pacific (PARR) shares did Hollis Jeffrey Ryan acquire in this filing?

He acquired 13,003 shares of Par Pacific common stock through the exercise or conversion of a derivative security at $42.86 per share. This reflects equity compensation vesting rather than an open-market purchase transaction.

Why did Hollis Jeffrey Ryan dispose of Par Pacific (PARR) shares in this Form 4/A?

He disposed of 1,232 and 5,117 shares via tax-withholding transactions. Footnotes state these shares were withheld by the company to pay withholding tax liabilities triggered when his restricted stock and other equity awards vested.

What do the 8,282 performance share unit awards mean in the PARR filing?

The filing notes that the exercised shares were granted in connection with the vesting of 8,282 performance share unit awards granted on February 16, 2023. These units related to a performance cycle running from January 1, 2023 to December 31, 2025.

Were the share disposals by Hollis Jeffrey Ryan open-market sales of PARR stock?

No, the disposals are labeled as tax-withholding dispositions, not open-market sales. Shares were withheld by Par Pacific to cover tax liabilities from vesting equity awards, according to the transaction codes and detailed footnote explanations.

What transaction codes are used in Hollis Jeffrey Ryan’s PARR Form 4/A?

The filing uses code M for exercise or conversion of a derivative security, and code F for shares withheld to pay taxes. These codes indicate compensation-related activity rather than discretionary market buying or selling of Par Pacific shares.