Par Pacific CEO awarded 28,772 restricted shares
Par Pacific Holdings President and CEO William Monteleone reported two equity-related transactions in common stock.
Rhea-AI Filing Summary
Par Pacific Holdings President and CEO William Monteleone reported two equity-related transactions in common stock. On February 20, he acquired 28,772 shares through a restricted stock grant at $42.75 per share; one third of these shares will vest on March 1 after each of the first three anniversaries of the grant date. On February 21, 6,851 shares were disposed of through a tax-withholding transaction at $42.75 per share tied to the vesting of restricted stock, rather than an open-market sale. Following these transactions, he directly held 442,756 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 6,851 | $42.75 | $293K |
| Grant/Award | Common stock | 28,772 | $42.75 | $1.23M |
Footnotes (2)
- F1. Represents a grant of shares of restricted stock received by the reporting person. One third of the shares will vest on March 1st after each of the first, second, and third anniversaries of the grant date.
- F2. 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
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What insider transactions did Par Pacific (PARR) CEO William Monteleone report?
Was the Par Pacific (PARR) CEO’s Form 4 transaction an open-market stock sale?
How do the Par Pacific (PARR) restricted stock awards to the CEO vest?
What does transaction code F mean in the Par Pacific (PARR) CEO Form 4?
What does transaction code A represent in the Par Pacific (PARR) CEO filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.