PAR PACIFIC (NYSE: PARR) SVP gets stock grant, withholds shares for tax

Rhea-AI Filing Summary

PAR PACIFIC HOLDINGS, INC. senior vice president Terrill Pitkin reported two equity-related transactions in company common stock. On February 20, 2026, he acquired 8,167 shares through a grant of restricted stock at a reference price of $42.75 per share, with one third vesting on March 1 after each of the first, second, and third anniversaries of the grant date. On February 21, 2026, 1,451 shares were disposed of at $42.75 per share to cover withholding tax due upon the vesting of restricted shares, leaving him with 47,181 common shares held directly after the tax-withholding transaction.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pitkin Terrill

Role SVP, Planning & Commercial

Type	Security	Shares	Price	Value
Tax Withholding	Common stock	1,451	$42.75	$62K
Grant/Award	Common stock	8,167	$42.75	$349K

Holdings After Transaction: Common stock — 47,181 shares (Direct)

Footnotes (1)

1. Represents a grant of shares of restricted stock received by the reporting person. One third of the shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date. Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Pitkin Terrill

(Last) (First) (Middle)

825 TOWN AND COUNTRY LANE

SUITE 1500

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PAR PACIFIC HOLDINGS, INC. [ PARR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Planning & Commercial

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common stock	02/20/2026		A		8,167(1)	A	$42.75	48,632	D
Common stock	02/21/2026		F		1,451(2)	D	$42.75	47,181	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of shares of restricted stock received by the reporting person. One third of the shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date.

2. Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.

	/s/ Terrill Pitkin	02/24/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did PARR executive Terrill Pitkin report on this Form 4?

Terrill Pitkin reported a grant of 8,167 restricted common shares and a disposition of 1,451 common shares to cover tax withholding. Both transactions involved PAR PACIFIC HOLDINGS, INC. common stock at a reference price of $42.75 per share.

Was the PARR Form 4 transaction a market sale or tax withholding event?

The Form 4 shows a 1,451-share disposition classified as a tax-withholding transaction, not an open-market sale. Shares were withheld by the issuer to satisfy tax liability tied to vesting restricted stock.

What equity award did Terrill Pitkin receive from PAR PACIFIC HOLDINGS, INC.?

He received a grant of 8,167 restricted shares of common stock at a reference price of $42.75 per share. One third of the shares will vest on March 1 after each of the first, second, and third anniversaries of the grant date.

How many PARR shares does Terrill Pitkin hold after these Form 4 transactions?

Following the tax-withholding disposition, Terrill Pitkin directly holds 47,181 shares of PAR PACIFIC common stock. This figure reflects his updated direct ownership after both the restricted stock grant and the withholding of shares for taxes.

What do the footnotes in Terrill Pitkin’s PARR Form 4 explain?

The footnotes clarify that 8,167 shares represent a restricted stock grant with three annual vesting tranches. They also state that 1,451 shares were withheld by the issuer to pay withholding tax from the vesting of restricted shares.