Par Pacific director granted 385 RSUs
Par Pacific Holdings director William Pate reported an acquisition of 385 restricted stock units (RSUs) tied to Par Pacific common stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Par Pacific Holdings director William Pate reported an acquisition of 385 restricted stock units (RSUs) tied to Par Pacific common stock. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in full on April 5, 2027, with vested shares delivered to him after his service with the company ends.
Insider Trade Summary
Grant/Award: 385 shares
Grant/Award
1 txn
Insider
PATE WILLIAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 385 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted stock units — 385 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units will vest in full on April 5, 2027. Vested shares will be delivered to the reporting person following termination of service.
Key Figures
RSUs granted: 385 units
Vesting date: April 5, 2027
Post-transaction RSU holdings: 385 units
+1 more
4 metrics
RSUs granted
385 units
Restricted stock units linked to common stock
Vesting date
April 5, 2027
RSUs vest in full on this date
Post-transaction RSU holdings
385 units
Total restricted stock units following the grant
Exercise/Conversion price
$0.00 per unit
Reported conversion or exercise price for RSUs
Key Terms
Restricted stock units, contingent right, vest, derivative securities
4 terms
Restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"The restricted stock units will vest in full on April 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative securities financial
"transaction_type": "derivative""
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Par Pacific (PARR) director William Pate receive in this Form 4?
William Pate reported receiving 385 restricted stock units in Par Pacific common stock. These RSUs are derivative securities that give him a contingent right to receive the same number of common shares at a future date, subject to vesting conditions.
How many restricted stock units were granted to William Pate at Par Pacific?
The filing shows a grant of 385 restricted stock units to William Pate. Following this grant, his reported derivative holdings in these RSUs total 385 units, each corresponding to one potential share of Par Pacific common stock upon settlement.
When do William Pate’s Par Pacific restricted stock units vest?
The restricted stock units granted to William Pate will vest in full on April 5, 2027. Vesting means the units become earned at that date, assuming the applicable service conditions are satisfied, and can then eventually convert into common shares.
What does each restricted stock unit represent in the Par Pacific Form 4?
Each restricted stock unit represents a contingent right to receive one share of Par Pacific common stock. The right becomes effective after the units vest and, according to the filing, shares are delivered following the termination of William Pate’s service.
Was this Par Pacific Form 4 a market purchase or a grant of RSUs?
This Form 4 reflects a grant or award acquisition of 385 restricted stock units, not an open-market share purchase. The transaction code is “A,” described as a grant, award, or other acquisition of derivative securities linked to Par Pacific common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
