PAR Pacific (PARR) director awarded 470 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATE WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director William Pate received a compensation grant of 470 restricted stock units. Each unit gives a contingent right to one share of common stock. These restricted stock units vest in full on July 5, 2027, with shares delivered after his service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PATE WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 470 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 470 shares (Direct, null)
Footnotes (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 July 5, 2027. Vested shares will be delivered to the reporting person following termination of service
Key Figures
RSUs granted: 470 restricted stock units
Post-transaction RSU holdings from this grant: 470 units
Vesting date: July 5, 2027
3 metrics
RSUs granted
470 restricted stock units
Grant to director William Pate
Post-transaction RSU holdings from this grant
470 units
Total restricted stock units following transaction
Vesting date
July 5, 2027
Restricted stock units vest in full on this date
Key Terms
Restricted stock units, contingent right, vest in full, termination of service
4 terms
Restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share of common stock."
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 in full financial
"The restricted stock units will vest in full on July 5, 2027."
termination of service financial
"Vested shares will be delivered to the reporting person following termination of service"
FAQ
What insider transaction did PAR PACIFIC (PARR) director William Pate report?
Director William Pate reported receiving 470 restricted stock units as a compensation grant. These units are derivatives tied to common stock and represent a non-cash award that may convert into shares if vesting and service conditions are satisfied.
How many restricted stock units did William Pate receive from PAR PACIFIC (PARR)?
William Pate received 470 restricted stock units. After this grant, his reported restricted stock unit holdings from this award total 470 units, each representing a contingent right to receive one share of PAR PACIFIC common stock upon vesting and delivery.
When do William Pate’s PAR PACIFIC (PARR) restricted stock units vest?
The restricted stock units granted to William Pate vest in full on July 5, 2027. Vesting means the units become earned at that date, subject to the award terms, and can then ultimately result in share delivery after service ends.
What does each restricted stock unit represent for PAR PACIFIC (PARR)?
Each restricted stock unit represents a contingent right to receive one share of PAR PACIFIC common stock. This means no share is issued immediately; a share may be delivered later if vesting and service conditions specified in the award are met.
Is William Pate’s PAR PACIFIC (PARR) RSU grant a market purchase or sale?
The reported transaction is a grant of 470 restricted stock units, not a market purchase or sale. It is classified as a compensation-related acquisition, reflecting an equity award rather than an open-market trade in PAR PACIFIC common stock.