Par Pacific (PARR) officer awarded 6,140 shares, 1,426 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Par Pacific Holdings officer Danielle Mattiussi reported two equity-related transactions in common stock. On February 20, she acquired 6,140 shares as a restricted stock grant at $42.75 per share.
According to the filing, one third of these restricted shares will vest on March 1 after each of the first, second, and third anniversaries of the grant date. On February 21, 1,426 shares were withheld by the company to cover tax liabilities upon vesting, leaving her with 27,123 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mattiussi Danielle
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 1,426 | $42.75 | $61K |
| Grant/Award | Common stock | 6,140 | $42.75 | $262K |
Holdings After Transaction:
Common stock — 27,123 shares (Direct)
Footnotes (1)
- 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. 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
What insider transactions did Par Pacific (PARR) report for Danielle Mattiussi?
Par Pacific reported that officer Danielle Mattiussi received a grant of 6,140 restricted common shares and had 1,426 shares withheld for taxes. These transactions reflect equity compensation and related tax withholding, not open-market buying or selling activity.
What is the vesting schedule for the Par Pacific (PARR) restricted stock grant?
The filing states that one third of the 6,140 restricted shares will vest on March 1 after each of the first, second, and third anniversaries of the grant date. This creates a three-year, time-based vesting schedule for the award.
Does this Par Pacific (PARR) Form 4 show insider buying or selling on the open market?
The Form 4 does not show open-market buying or selling. It reports a restricted stock grant of 6,140 shares and a tax-withholding disposition of 1,426 shares, which are standard components of equity compensation rather than discretionary trades.