Par Pacific (PARR) CEO has 1,509 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. President and CEO William Monteleone reported a tax-related share disposition tied to equity compensation. On the reported date, 1,509 shares of common stock were withheld by the company to cover withholding tax due upon the vesting of restricted stock. After this withholding transaction, he directly owned 421,513 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Monteleone William
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,509 | $42.86 | $65K |
Holdings After Transaction:
Common Stock — 421,513 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PAR Pacific (PARR) report in this Form 4?
PAR Pacific reported a tax-withholding disposition by its President and CEO. The company withheld 1,509 common shares to satisfy tax obligations triggered by the vesting of restricted stock, rather than an open-market sale of shares.
Was the PAR Pacific (PARR) CEO’s Form 4 transaction an open-market sale?
No, it was not an open-market sale. The filing describes a tax-withholding disposition, where 1,509 shares were retained by the company to satisfy withholding tax arising from vested restricted stock awards.
What does transaction code F mean in the PAR Pacific (PARR) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects shares withheld by PAR Pacific to cover the CEO’s tax withholding obligation on the vesting of restricted common stock.