PARR Form 4: Timothy Clossey disposes of 2,000 shares; ownership now 84,000
Rhea-AI Filing Summary
Insider sale reported: Director Timothy Clossey sold 2,000 shares of Par Pacific Holdings, Inc. (PARR) on 09/15/2025 at approximately $33.365 per share, reducing his direct beneficial ownership to 84,000 shares. The Form 4 indicates the filing was completed by one reporting person and is signed on 09/16/2025. No derivative transactions or other securities classes are reported. The filing supplies the seller's address and relationship to the issuer as a director. This Form 4 discloses a routine sale and provides the specific shares, sale price, and post-transaction ownership figures as required by Section 16 reporting rules.
Positive
- None.
Negative
- None.
Insights
TL;DR: A director sold 2,000 shares at $33.365, leaving 84,000 shares; transaction appears routine and purely disclosure-oriented.
The Form 4 reports a straightforward open-market sale by Director Timothy Clossey on 09/15/2025 of 2,000 common shares at $33.365 per share. Post-transaction direct ownership is 84,000 shares. There are no derivative transactions or additional compensatory grants disclosed. From a financial perspective, this filing supplies precise execution price and holding updates necessary for transparency but contains no operational or financial performance information about the company itself.
TL;DR: Disclosure complies with Section 16 reporting; sale by a director is documented and signed, implying adherence to reporting rules.
The Form 4 shows timely disclosure (signature dated 09/16/2025) of a director's sale of 2,000 shares on 09/15/2025. The report identifies the reporting person, relationship to the issuer, and post-sale beneficial ownership. There is no indication of a Rule 10b5-1 plan or other arrangements in the form text. The filing meets basic governance transparency requirements but does not indicate any material governance event beyond the reported sale.