Par Pacific (PARR) officer uses 595 shares to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. Chief Accounting Officer Ivan Daniel Guerra reported a tax-related share disposition. On the vesting of restricted stock, the issuer withheld 595 shares of common stock at $42.86 per share to cover withholding tax. After this non-market, tax-withholding transaction, Guerra directly owned 16,896 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guerra Ivan Daniel
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 595 | $42.86 | $26K |
Holdings After Transaction:
Common Stock — 16,896 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PARR Chief Accounting Officer Ivan Daniel Guerra report?
Ivan Daniel Guerra reported a tax-withholding disposition of 595 PARR common shares. The shares were withheld by the issuer to satisfy tax liability triggered when restricted stock vested, rather than sold in the open market.
What does transaction code F mean in the PARR Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. Here, PARR withheld shares upon vesting of restricted stock to satisfy Ivan Daniel Guerra’s withholding tax obligation.
Does the PARR Form 4 indicate buying or selling activity by the insider?
The Form 4 indicates a dispose transaction classified as tax-withholding, not a voluntary buy or sell. Shares were withheld automatically by PARR upon vesting of restricted stock, rather than traded on the open market.