Par Pacific (PARR) CEO exercises options and sells 108,948 shares in open market

Rhea-AI Filing Summary

Par Pacific Holdings, Inc. President and CEO William Monteleone reported option exercises and share sales in company stock. On March 16, 2026, he exercised stock options for 48,657 and 60,291 shares of common stock at exercise prices of $19.73 and $16.52 per share.

The filing shows related open-market sales of 40,000 shares at $54.85, 8,657 shares at $53.73, and 60,291 shares at $53.58 per share. Following these transactions, he directly owned 457,167 shares of common stock.

Insights

Equity compensation and insider-trading analyst

CEO exercised options and sold equivalent shares in a routine liquidity move.

The transactions combine option exercises and open-market sales. William Monteleone exercised options for 108,948 shares at exercise prices of $19.73 and $16.52, then sold matching share amounts in three blocks at prices above $53.00 per share.

This is a classic exercise-and-sell pattern: derivative positions are converted into common stock and then sold, effectively monetizing option value rather than increasing long-term share exposure. After these trades, he held 457,167 shares directly, indicating a substantial remaining equity stake.

The filing does not reference a Rule 10b5-1 trading plan, so the timing appears discretionary based on the provided data. Future company filings may give additional context around ongoing equity compensation and any further insider transactions.

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^*

Monteleone William

(Last) (First) (Middle)

825 TOWN AND COUNTRY LANE

SUITE 1500

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/16/2026		M		48,657	A	$19.73	505,824	D
Common stock	03/16/2026		S		40,000	D	$54.85(1)	465,824	D
Common stock	03/16/2026		S		8,657	D	$53.73(2)	457,167	D
Common stock	03/16/2026		M		60,291	A	$16.52	517,458	D
Common stock	03/16/2026		S		60,291	D	$53.58(3)	457,167	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
Stock option (right to buy)	$19.73	03/16/2026		M			48,657	(4)	02/20/2028	Common stock	48,657	$0	0	D
Stock option (right to buy)	$16.52	03/16/2026		M			60,291	(5)	02/19/2029	Common stock	60,291	$0	0	D

Explanation of Responses:

1. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $54.80 to $54.90, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $53.67 to $54.20, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $53.07 to $53.90, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The option vests in four equal annual installments beginning on February 21, 2021.

5. The option vests in four equal annual installments beginning on February 19, 2022.

	/s/ William Monteleone	03/17/2026
	** 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.

FAQ

What did Par Pacific (PARR) CEO William Monteleone do in this Form 4 filing?

William Monteleone exercised stock options and sold common shares. He exercised options for 108,948 shares, then sold the same number of shares in three open-market transactions, while remaining directly invested with 457,167 shares of Par Pacific common stock.

How many Par Pacific (PARR) shares did the CEO sell and at what prices?

The CEO sold 108,948 shares of Par Pacific common stock in total. Sales occurred in three blocks: 40,000 shares at $54.85, 8,657 shares at $53.73, and 60,291 shares at $53.58 per share, all through open-market transactions.

What options did the Par Pacific (PARR) CEO exercise in this Form 4?

He exercised two stock option awards covering 48,657 and 60,291 shares of Par Pacific common stock. The exercise prices were $19.73 and $16.52 per share, respectively, converting derivative awards into common shares before selling those shares in the market.

How many Par Pacific (PARR) shares does the CEO own after these transactions?

After completing the option exercises and related sales, William Monteleone directly owns 457,167 shares of Par Pacific common stock. This figure reflects his post-transaction position as reported in the Form 4 and shows he retains a significant equity stake in the company.

Were the Par Pacific (PARR) CEO’s share sales part of a 10b5-1 trading plan?

The filing’s footnotes describe weighted-average sale prices and price ranges but do not mention any Rule 10b5-1 trading plan. Based on the provided information, there is no indication in this Form 4 that the transactions were executed under a pre-arranged plan.

How were the Par Pacific (PARR) CEO’s sale prices reported in the Form 4?

Each sale line reports a weighted-average price and a price range. For example, one block at $54.85 reflects trades between $54.80 and $54.90. Similar ranges are provided for the other blocks, and detailed breakdowns are available upon request to the company or regulators.