Par Pacific director awarded shares, exercises RSUs

PAR PACIFIC HOLDINGS, INC. director Curt Anastasio reported compensation-related equity activity in the company’s common stock.

Rhea-AI Filing Summary

PAR PACIFIC HOLDINGS, INC. director Curt Anastasio reported compensation-related equity activity in the company’s common stock. He received a grant of 470 shares of restricted stock at $58.49 per share, which will vest in full and be delivered on July 5, 2027.

He also exercised 507 restricted stock units, converting them into an equal number of common shares, consistent with the footnote that each unit equals one share. A related 507-share administrative adjustment was recorded the same day. Following these transactions, Anastasio directly holds 111,697 shares of common stock.

Insider Trade Summary

507 shares exercised/converted

Exercise 3 txns

Insider ANASTASIO CURT

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted stock units	507	$0.00	$0.00
Other	Common Stock	507	$58.49	$30K
Grant/Award	Common Stock	470	$58.49	$27K

Holdings After Transaction: Restricted stock units — 507 contracts (Direct); Common Stock — 111,697 shares (Direct)

Footnotes (3)

1. F1. Represents a grant of restricted stock received by the reporting person. The shares will vest in full and be delivered on July 5, 2027.
2. F2. Each restricted stock unit represents a contingent right to receive one share of common stock.
3. F3. On July 5, 2026, 507 restricted stock units were delivered to the reporting person as common stock.

Key Figures

Restricted stock grant: 470 shares Grant reference price: $58.49 per share RSUs converted: 507 units/shares +1 more

4 metrics

Restricted stock grant 470 shares Grant of restricted stock on July 5, 2026

Grant reference price $58.49 per share Reference price for 470-share restricted stock grant

RSUs converted 507 units/shares 507 restricted stock units delivered as common stock

Shares held after transactions 111,697 shares Director’s direct common stock holdings following reported activity

Key Terms

restricted stock, restricted stock units, contingent right, derivative security

4 terms

restricted stock financial

"Represents a grant of restricted stock received by the reporting person."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

restricted stock units financial

"507 restricted stock units were delivered to the reporting person as 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."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Curt Anastasio report in this Form 4 for PAR Pacific (PARR)?

Curt Anastasio reported equity compensation activity in PAR Pacific common stock. He received a 470-share restricted stock grant and converted 507 restricted stock units into common shares, with his direct holdings increasing to 111,697 shares after these transactions.

How many PAR Pacific (PARR) shares were granted to Curt Anastasio?

He received a grant of 470 restricted shares. The grant is structured as restricted stock that will vest in full and be delivered on July 5, 2027, reflecting compensation rather than an open-market stock purchase by the director.

When do Curt Anastasio’s new restricted PAR Pacific (PARR) shares vest?

The 470 restricted shares granted to Curt Anastasio will vest and be delivered on July 5, 2027. Until that vesting date, the shares remain subject to the restrictions described, consistent with typical time-based equity compensation awards for directors.

What happened to Curt Anastasio’s restricted stock units in this PAR Pacific (PARR) filing?

He exercised 507 restricted stock units, which were delivered as 507 shares of common stock. Each restricted stock unit represents a contingent right to receive one share, so the transaction reflects conversion of prior awards into freely held common stock.

How many PAR Pacific (PARR) shares does Curt Anastasio hold after these transactions?

After the reported transactions, Curt Anastasio directly holds 111,697 shares of PAR Pacific common stock. This figure includes the impact of the 470-share restricted stock grant and the delivery of 507 shares from exercised restricted stock units.

Did Curt Anastasio buy or sell PAR Pacific (PARR) shares on the market in this Form 4?

The Form 4 reflects compensation-related grants and an exercise of restricted stock units, not open-market buying or selling. Transactions are coded as awards, derivative exercise, and other adjustments, with no reported open-market purchases or sales.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/07/2026 - 07:19 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

ANASTASIO CURT

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/05/2026		J		507	A	$58.49	111,227	D
Common Stock	07/05/2026		A		470(1)	A	$58.49	111,697	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted stock units	(2)	07/05/2026		M		507		(3)	(3)	Common stock	507	$0	507	D

Explanation of Responses:

1. Represents a grant of restricted stock received by the reporting person. The shares will vest in full and be delivered on July 5, 2027.

2. Each restricted stock unit represents a contingent right to receive one share of common stock.

3. On July 5, 2026, 507 restricted stock units were delivered to the reporting person as common stock.

	/s/ Curtis Anastasio	07/07/2026
	** Signature of Reporting Person	Date
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)