STOCK TITAN

Director at Par Pacific (NYSE: PARR) awarded 385 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

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Insider PATE WILLIAM
Role Director
Type Security Shares Price Value
Grant/Award Restricted stock units 385 $0.00 --
Holdings After Transaction: Restricted stock units — 385 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of common stock. 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.
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
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.
SEC Form 4
FORM 4UNITED 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*
PATE WILLIAM

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

(Street)
HOUSTON TEXAS 77024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PAR PACIFIC HOLDINGS, INC. [ PARR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units(1)04/05/2026A385 (2) (2)Common stock385$0385D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. 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.
/s/ William Pate04/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

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.

When will William Pate actually receive Par Pacific common shares from these RSUs?

According to the footnotes, the RSUs vest on April 5, 2027, but the vested shares will be delivered to William Pate only after his termination of service. This means settlement into common stock occurs upon the end of his service relationship.

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.