PAR Pacific (PARR) director Eric Yeaman receives 470 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YEAMAN ERIC K reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Eric K. Yeaman received a grant of 470 restricted stock units. Each unit represents a contingent right to one share of common stock and was awarded at no cash cost to him.
The restricted stock units will vest in full on July 5, 2027. According to the footnotes, the vested shares will be delivered to Yeaman after his service as a director ends, tying the award to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
YEAMAN ERIC K
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 unit 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 units
Exercise price: $0.0000 per unit
Underlying shares: 470 shares
+2 more
5 metrics
RSUs granted
470 units
Restricted stock units awarded to director on July 5, 2026
Exercise price
$0.0000 per unit
Restricted stock unit grant exercise/conversion price
Underlying shares
470 shares
Common stock underlying the restricted stock units
Post-award derivative holdings
470 units
Total restricted stock units following the transaction
Vesting date
July 5, 2027
Date RSUs vest in full, per footnote
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
"Each restricted stock unit represents a contingent right to receive one share of common stock."
vest in full financial
"The restricted stock unit 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 did PAR Pacific (PARR) director Eric K. Yeaman report on this Form 4?
Eric K. Yeaman reported receiving 470 restricted stock units as a compensation award. These derivative securities each represent a contingent right to one share of PAR Pacific common stock, vesting based on his continued service as a director.
How many restricted stock units did Eric K. Yeaman receive from PAR Pacific (PARR)?
He received 470 restricted stock units. Each unit corresponds to one underlying share of PAR Pacific common stock, providing equity-based compensation that aligns his interests with shareholders over the vesting period.
When do Eric K. Yeaman’s PAR Pacific (PARR) restricted stock units vest?
The restricted stock units vest in full on July 5, 2027. This means the award becomes fully earned on that date, assuming the vesting conditions tied to his continued service as a director are satisfied.
What happens when Eric K. Yeaman’s PAR Pacific (PARR) restricted stock units vest?
Once vested, each restricted stock unit entitles him to receive one share of common stock. The filing states that the vested shares will be delivered to him following his termination of service as a director, rather than immediately at vesting.
Did Eric K. Yeaman buy or sell PAR Pacific (PARR) stock in this Form 4?
The filing shows an acquisition via a grant of restricted stock units, not an open-market buy or sale. It is a compensation-related award with zero exercise price, rather than a cash purchase or sale of existing common shares.