Par Pacific (NYSE: PARR) executive reports 796-share tax withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. executive Shawn David Flores reported a Form 4 transaction involving company common stock. On this date, 796 shares were disposed of as a tax-withholding transaction, with shares withheld by the company to cover taxes due when restricted stock vested. After this withholding, Flores directly holds 51,572 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flores Shawn David
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 796 | $40.71 | $32K |
Holdings After Transaction:
Common stock — 51,572 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did PARR executive Shawn David Flores report?
Shawn David Flores reported a disposition of 796 shares of Par Pacific common stock. The shares were withheld by the company to cover tax liabilities arising from the vesting of restricted stock, rather than sold in an open-market transaction.
Was the PARR insider transaction by Shawn David Flores an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 796 shares were retained by the issuer to satisfy withholding tax obligations tied to vesting restricted stock awards.
What does transaction code F mean in the PARR Form 4 filing?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 796 Par Pacific shares were withheld by the issuer specifically to satisfy withholding taxes from the vesting of restricted common stock awards.