Par Pacific CEO sells 66,801 shares after option exercise
PAR PACIFIC HOLDINGS, INC.
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. (PARR) reported that President and CEO William Monteleone exercised stock options to acquire a total of 66,801 shares of common stock at an exercise price of $14.91 per share on September 2 and 3, 2026, and on the same days sold 66,801 shares of common stock in transactions reported as open market or private sales at prices of $81.30 (weighted average range of $81.25–$81.35) and $83.00 per share.
The options exercised relate to grants vesting in four equal annual installments beginning February 18, 2023. No Rule 10b5-1 trading plan is reported for these transactions, and post-transaction share holdings are not stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 66,801 shares ($4.48M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Monteleone William
Role
President and CEO
Sold
66,801 shs ($5.48M)
Approx. gross sale proceeds
$5.48M
Approx. exercise cost
$996K
Approx. pre-tax spread
$4.48M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) F3 | 26,801 | $0.00 | $0.00 |
| Exercise | Common Stock | 26,801 | $14.91 | $400K |
| Sale | Common Stock F2 | 26,801 | $83.00 | $2.22M |
| Exercise | Stock option (right to buy) F3 | 40,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 40,000 | $14.91 | $596K |
| Sale | Common Stock F1 | 40,000 | $81.30 | $3.25M |
Holdings After Transaction:
Stock option (right to buy) — 0 contracts (Direct);
Common Stock — 457,167 shares (Direct)
Footnotes (3)
- F1. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $81.25 to $81.35, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The shares were sold at a price of $83.00.
- F3. The option vests in four equal annual installments beginning on February 18, 2023.
Key Figures
Options exercised on September 2, 2026: 40,000 shares
Options exercised on September 3, 2026: 26,801 shares
Option exercise price: $14.91 per share
+4 more
7 metrics
Options exercised on September 2, 2026
40,000 shares
Stock options converted into common stock by William Monteleone
Options exercised on September 3, 2026
26,801 shares
Additional stock options converted into common stock by William Monteleone
Option exercise price
$14.91 per share
Exercise price for the stock options converted on both dates
Shares sold September 2, 2026
40,000 shares at $81.30 per share
Weighted average sale price; individual trades ranged from $81.25 to $81.35
Shares sold September 3, 2026
26,801 shares at $83.00 per share
Shares of common stock sold in an open market or private transaction
Total shares sold
66,801 shares
Total PARR common shares sold across both reported sale transactions
Option vesting schedule
4 equal annual installments
Beginning on February 18, 2023, for the exercised stock options
Key Terms
Stock option (right to buy), weighted average sales price, Rule 10b5-1, derivative security
4 terms
Stock option (right to buy) financial
"Security title reported as Stock option (right to buy) for the derivative transactions"
weighted average sales price financial
"The price reported is a weighted average sales price."
Rule 10b5-1 regulatory
"A document-level Rule 10b5-1 checkbox indicates whether trades used a trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did PARR’s President and CEO report in this Form 4?
William Monteleone reported exercising stock options for 66,801 shares of Par Pacific common stock at an exercise price of $14.91 per share on September 2–3, 2026, and selling 66,801 shares in open market or private transactions on those same dates.
How many Par Pacific (PARR) options did the CEO exercise and at what price?
William Monteleone exercised options covering 40,000 shares on September 2, 2026, and 26,801 shares on September 3, 2026, for a total of 66,801 shares. The reported exercise (conversion) price for these stock options was $14.91 per share.
Were the PARR insider sales made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as being made under a trading plan, and the footnotes do not state that these transactions were executed pursuant to any Rule 10b5-1 trading arrangement.
What is the vesting schedule of the exercised PARR stock options?
The exercised stock options vest in four equal annual installments beginning on February 18, 2023, according to the footnote describing the option’s vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
