Par Pacific (NYSE: PARR) director gains shares through RSU vesting and new grant
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 director Phillip S. Davidson increased his equity stake through routine equity compensation activity. On July 5, 2026, 461 restricted stock units vested and were delivered as 461 shares of common stock at a reported value of $58.49 per share. Following the transaction, he directly holds 9,465 shares of common stock. On the same date, he also received a new grant of 470 restricted stock units, each representing a contingent right to one share of common stock that will vest in full on July 5, 2027, with delivery after his service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
461 shares exercised/converted
Mixed
3 txns
Insider
Davidson Phillip S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 470 | $0.00 | -- |
| Exercise | Restricted stock units | 461 | $0.00 | -- |
| Other | Common stock | 461 | $58.49 | $27K |
Holdings After Transaction:
Restricted stock units — 470 shares (Direct, null);
Common stock — 9,465 shares (Direct, null)
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 July 5, 2027. Vested shares will be delivered to the reporting person following termination of service. On July 5, 2026, 461 restricted stock units were delivered to the reporting person as common stock.
Key Figures
RSUs vested: 461 shares
Per-share value at vesting: $58.49
Shares after transaction: 9,465 shares
+2 more
5 metrics
RSUs vested
461 shares
Restricted stock units delivered as common stock on July 5, 2026
Per-share value at vesting
$58.49
Reported value per share for 461 vested RSUs
Shares after transaction
9,465 shares
Common stock directly held after July 5, 2026 transactions
New RSU grant
470 units
Restricted stock units granted on July 5, 2026, vesting July 5, 2027
RSU vest date
July 5, 2027
Vesting date for 470 newly granted restricted stock units
Key Terms
Restricted stock units, contingent right, derivative security, grant, award, or other acquisition
4 terms
Restricted stock units financial
"The restricted stock unit will vest in full on July 5, 2027."
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."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What insider transactions did Par Pacific (PARR) director Phillip S. Davidson report?
Phillip S. Davidson reported routine equity compensation activity. 461 restricted stock units vested into common stock, and he received a new grant of 470 restricted stock units, both tied to his role as a director at Par Pacific Holdings.
What was the size and value of the Par Pacific (PARR) RSU vesting on July 5, 2026?
On July 5, 2026, 461 restricted stock units vested and were delivered as 461 Par Pacific common shares. The filing reports a per-share value of $58.49 for this vesting event, reflecting compensation rather than an open-market share purchase or sale.
What are the terms of Phillip S. Davidson’s new Par Pacific (PARR) restricted stock unit grant?
Davidson received 470 new restricted stock units, each representing one share of Par Pacific common stock. These units will vest in full on July 5, 2027, with the underlying shares delivered to him following his termination of service as described in the filing.
Does this Par Pacific (PARR) Form 4 show open-market buying or selling by the director?
The Form 4 does not show any open-market buying or selling. It reports an exercise of 461 restricted stock units into common shares and a grant of 470 new restricted stock units, both categorized as compensation-related and derivative exercise transactions.