Director at Par Pacific (PARR) receives 1,026 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILBERMAN ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
Par Pacific Holdings director Robert S. Silberman received a grant of 1,026 restricted stock units, each representing one share of common stock. The units vest in full on July 5, 2027, with vested shares delivered to him after his service ends. This is a compensation award, not an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SILBERMAN ROBERT S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 1,026 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 1,026 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: 1,026 restricted stock units
Underlying common shares: 1,026 shares
Vesting date: July 5, 2027
+1 more
4 metrics
RSUs granted
1,026 restricted stock units
Grant to director on July 5, 2026
Underlying common shares
1,026 shares
Each RSU represents one share of common stock
Vesting date
July 5, 2027
RSUs vest in full on this date
Holdings after grant
1,026 restricted stock units
Total derivative holdings following this transaction
Key Terms
Restricted stock units, contingent right, vest, 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 financial
"The restricted stock units will vest in full on July 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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) report for Robert S. Silberman?
Par Pacific reported a grant of 1,026 restricted stock units to director Robert S. Silberman. These units are a form of equity compensation rather than an open-market stock purchase or sale.
How many restricted stock units were granted in the latest Par Pacific (PARR) Form 4?
The Form 4 shows a grant of 1,026 restricted stock units. Each unit represents a contingent right to receive one share of Par Pacific common stock in the future.
When do Robert S. Silberman’s Par Pacific (PARR) restricted stock units vest?
The restricted stock units vest in full on July 5, 2027. Vesting means the director earns the right to receive the underlying shares, subject to the specified service conditions.
What does each Par Pacific (PARR) restricted stock unit represent?
Each restricted stock unit represents a contingent right to receive one share of Par Pacific common stock. The shares are only delivered once the vesting conditions and service requirements are satisfied.
Is the Par Pacific (PARR) Form 4 transaction a stock purchase or sale?
The transaction is a grant of restricted stock units as compensation, not a stock purchase or sale. It reflects an equity award rather than open-market trading activity by the director.