Par Pacific (NYSE: PARR) director receives RSU awards and stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davidson Phillip S reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Phillip S. Davidson reported compensation-related equity activity. He received two grants of restricted stock units (RSUs) on April 5, 2026 for 385 and 440 units, each representing a contingent right to receive one share of common stock.
The RSUs were granted at no cash cost and will vest in full on April 5, 2027, with vested shares delivered after his service ends. On the same date, 440 previously granted RSUs were delivered as 440 shares of common stock at a reported price of $64.89 per share, bringing his directly held common stock position to 9,004 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Davidson Phillip S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 385 | $0.00 | -- |
| Grant/Award | Restricted stock units | 440 | $0.00 | -- |
| Other | Common stock | 440 | $64.89 | $29K |
Holdings After Transaction:
Restricted stock units — 385 shares (Direct);
Common stock — 9,004 shares (Direct)
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 April 5, 2027. Vested shares will be delivered to the reporting person following termination of service. On April 5, 2026, 440 restricted stock units were delivered to the reporting person as common stock.
Key Figures
RSU grant 1: 385 RSUs
RSU grant 2: 440 RSUs
RSU vesting date: April 5, 2027
+4 more
7 metrics
RSU grant 1
385 RSUs
Restricted stock units granted on April 5, 2026
RSU grant 2
440 RSUs
Restricted stock units granted on April 5, 2026
RSU vesting date
April 5, 2027
New RSU awards vest in full on this date
RSUs delivered as stock
440 shares
RSUs converted to common stock on April 5, 2026
Reported share price
$64.89 per share
Value used for 440-share delivery entry
Shares held after transactions
9,004 shares
Director’s direct common stock holdings following Form 4
Total new RSUs granted
825 RSUs
Sum of 385 and 440 RSU grants reported
Key Terms
Restricted stock units, contingent right, vest in full, delivered to the reporting person
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 April 5, 2027."
delivered to the reporting person financial
"On April 5, 2026, 440 restricted stock units were delivered to the reporting person as common stock."
FAQ
What insider transactions did Phillip S. Davidson report for PARR?
Phillip S. Davidson reported receiving two grants of restricted stock units and the delivery of common shares. He was granted 385 and 440 RSUs and had 440 RSUs converted into common stock, all as part of his equity compensation for service as a director.
How many restricted stock units did the PARR director receive in this Form 4?
He received two separate awards totaling 825 restricted stock units, with grants of 385 and 440 units. Each RSU represents a contingent right to receive one share of Par Pacific Holdings common stock, subject to vesting conditions tied to continued board service.
When do Phillip S. Davidson’s new RSUs in PARR vest?
The newly granted restricted stock units vest in full on April 5, 2027. After vesting, the underlying common shares will be delivered to him following termination of service, aligning the equity awards with his long-term role as a director of Par Pacific Holdings.
What does the delivery of 440 PARR RSUs as common stock mean?
On April 5, 2026, 440 previously awarded RSUs were settled and delivered as common stock to the director. This converted his contingent RSU rights into 440 actual Par Pacific Holdings shares, at a reported value of $64.89 per share for reporting purposes.
Are the PARR Form 4 transactions open-market buys or routine compensation?
The transactions are routine compensation-related awards and deliveries, not open-market purchases or sales. They include RSU grants at no cash cost and settlement of vested RSUs into common shares, commonly used to align director incentives with shareholder interests.