Par Pacific (PARR) withholds 1,232 shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Par Pacific Holdings officer Hollis Jeffrey Ryan reported a tax-related share withholding. On this Form 4, the company withheld 1,232 shares of common stock at $42.86 per share to cover withholding taxes triggered by the vesting of restricted stock. After this non-market disposition, Ryan directly holds 23,447 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hollis Jeffrey Ryan
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,232 | $42.86 | $53K |
Holdings After Transaction:
Common Stock — 23,447 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Par Pacific (PARR) report for Hollis Jeffrey Ryan?
Par Pacific reported a tax-withholding disposition for officer Hollis Jeffrey Ryan. The company withheld 1,232 common shares upon vesting of restricted stock to cover withholding taxes, rather than an open-market sale, leaving him with 23,447 directly held shares.
Was this Par Pacific (PARR) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 and its footnote state that 1,232 shares were withheld by Par Pacific to pay withholding tax liability from vested restricted stock, a routine administrative disposition.
What does transaction code F mean in the Par Pacific (PARR) Form 4?
Transaction code F indicates a tax-withholding disposition. In this Par Pacific Form 4, it shows shares were withheld to pay tax liability upon vesting of restricted stock, rather than shares being bought or sold on the open market.