Par Pacific (PARR) director granted 470 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Martinez Patricia reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Patricia Martinez received a grant of 470 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of common stock. The award will vest in full on July 5, 2027, with the resulting shares delivered after her service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martinez Patricia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 470 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 470 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.
Key Figures
RSU grant size: 470 units
Shares after transaction: 470 units
Vesting date: July 5, 2027
+1 more
4 metrics
RSU grant size
470 units
Restricted stock units awarded to director Patricia Martinez
Shares after transaction
470 units
Total restricted stock units following this award
Vesting date
July 5, 2027
RSUs vest in full on this date
Underlying common shares
470 shares
Each RSU represents a right to one common share
Key Terms
restricted stock units, contingent right, vest in full, termination of service
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 July 5, 2027."
termination of service financial
"Vested shares will be delivered to the reporting person following termination of service."
FAQ
What insider transaction did PAR PAR PACIFIC HOLDINGS (PARR) report for Patricia Martinez?
PAR PACIFIC HOLDINGS reported that director Patricia Martinez received 470 restricted stock units as an equity award. These units are a form of stock-based compensation, not an open-market purchase or sale, and represent potential future common shares.
How many restricted stock units did Patricia Martinez receive from PAR PACIFIC HOLDINGS (PARR)?
Patricia Martinez received 470 restricted stock units. Each unit represents a contingent right to receive one share of PAR PACIFIC HOLDINGS common stock, providing potential future ownership once the award vests and shares are ultimately delivered.
When do Patricia Martinez’s PAR PACIFIC HOLDINGS (PARR) restricted stock units vest?
The restricted stock units granted to Patricia Martinez vest in full on July 5, 2027. Vesting means the award becomes earned at that date, although the underlying common shares are delivered only after her service with the company terminates.
What does each restricted stock unit represent for PAR PACIFIC HOLDINGS (PARR)?
Each restricted stock unit represents a contingent right to receive one share of PAR PACIFIC HOLDINGS common stock. The units do not involve cash payment by the director and convert into actual shares only when vesting and delivery conditions are satisfied.