STOCK TITAN

Par Pacific (NYSE: PARR) SVP adds 212 ESPP shares, now holds 35,113

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Par Pacific Holdings SVP Terrill Pitkin acquired 212 shares of common stock through the company’s Employee Stock Purchase Plan. The shares were credited at a price of $47.67 per share in a transaction classified as a grant or award acquisition.

After this ESPP purchase, Pitkin directly holds 35,113 shares of Par Pacific common stock. The footnote explains that the transaction was made under the Employee Stock Purchase Plan and was exempt under Rule 16b-3(d) and Rule 16b-3(c), indicating it is a routine, compensation-related acquisition rather than an open-market trade.

Positive

  • None.

Negative

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Insider Pitkin Terrill
Role SVP, Planning & Commercial
Type Security Shares Price Value
Grant/Award Common stock 212 $47.67 $10K
Holdings After Transaction: Common stock — 35,113 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 212 shares Employee Stock Purchase Plan grant on June 30, 2026
Grant price $47.67 per share Value used for ESPP acquisition reporting
Shares held after transaction 35,113 shares Direct common stock holdings following ESPP acquisition
Employee Stock Purchase Plan financial
"These shares were acquired under the Company's Employee Stock Purchase Plan in transactions that were exempt..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(d) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pitkin Terrill

(Last)(First)(Middle)
825 TOWN AND COUNTRY LANE
SUITE 1500

(Street)
HOUSTON TEXAS 77024

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PAR PACIFIC HOLDINGS, INC. [ PARR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Planning & Commercial
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock06/30/2026A(1)212(1)A$47.6735,113D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were acquired under the Company's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
/s/ Terrill Pitkin07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Par Pacific (PARR) executive Terrill Pitkin do in this Form 4 filing?

Terrill Pitkin acquired 212 shares of Par Pacific common stock through the company’s Employee Stock Purchase Plan. The transaction is reported as a grant or award acquisition, increasing his direct holdings to 35,113 shares of common stock after the ESPP purchase.

Was Terrill Pitkin’s Par Pacific (PARR) share transaction an open-market buy?

No, Terrill Pitkin’s 212-share acquisition was made under Par Pacific’s Employee Stock Purchase Plan. It is classified as a grant or award transaction, not an open-market purchase, and is treated as a routine, compensation-related acquisition rather than discretionary trading.

At what price were Terrill Pitkin’s new Par Pacific (PARR) shares acquired?

The 212 Par Pacific common shares associated with Terrill Pitkin’s transaction were valued at $47.67 per share. This price is used in the Form 4 to report the grant or award acquisition made through the company’s Employee Stock Purchase Plan rather than through the open market.

How many Par Pacific (PARR) shares does Terrill Pitkin hold after this Form 4 transaction?

Following the reported Employee Stock Purchase Plan acquisition, Terrill Pitkin directly holds 35,113 shares of Par Pacific common stock. This total reflects his position after adding the 212 new ESPP shares disclosed in the Form 4 insider transaction report.

What is the significance of Rule 16b-3 in Terrill Pitkin’s Par Pacific (PARR) transaction?

The footnote states the ESPP acquisition is exempt under Rule 16b-3(d) and Rule 16b-3(c). These rules allow certain employee benefit plan transactions, like stock purchase and grants to officers, to avoid short-swing profit restrictions that normally apply to insiders under Section 16 of the Exchange Act.