Par Pacific CEO covers taxes with 1,509 shares
PAR PACIFIC HOLDINGS, INC.
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
Exercise Price or Tax Liability: 1,509 shares
Exercise Price or Tax Liability
1 txn
Insider
Monteleone William
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,509 | $42.86 | $65K |
Holdings After Transaction:
Common Stock — 421,513 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.