Director at Par Pacific (NYSE: PARR) receives 616 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILBERMAN ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Robert S. Silberman received a grant of 616 restricted stock units. Each unit represents a contingent right to receive one share of common stock. The restricted stock units will vest in full on April 5, 2027, with vested shares delivered after termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SILBERMAN ROBERT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 616 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 616 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units will vest in full on April 5, 2027. Vested shares will be delivered to the reporting person following termination of service.
Key Figures
RSU grant size: 616 restricted stock units
Underlying common shares: 616 shares
Vesting date: April 5, 2027
+2 more
5 metrics
RSU grant size
616 restricted stock units
Grant to director Robert S. Silberman
Underlying common shares
616 shares
Each RSU equals one common share
Vesting date
April 5, 2027
RSUs vest in full on this date
Shares following transaction
616.0000 units
Total restricted stock units held directly after grant
Transaction price per unit
$0.0000
Compensation grant, no cash paid by insider
Key Terms
Restricted stock units, contingent right, vest, termination of service, +1 more
5 terms
Restricted stock units financial
"security_title: "Restricted stock units""
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"
vest financial
"The restricted stock units will vest in full on April 5, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"Vested shares will be delivered to the reporting person following termination of service"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did PARR director Robert S. Silberman report?
Robert S. Silberman reported receiving a grant of 616 restricted stock units. These units are a form of equity compensation that give him a contingent right to receive common shares, aligning his interests more closely with long-term shareholder outcomes at Par Pacific Holdings.
How many restricted stock units were granted to the PARR director?
He was granted 616 restricted stock units. Each unit represents the right to receive one share of Par Pacific common stock, subject to vesting conditions. After this award, his reported direct holdings of these units total 616, according to the Form 4 filing details.
When do Robert S. Silberman’s PARR restricted stock units vest?
The restricted stock units will vest in full on April 5, 2027. Vesting means the units become earned at that time, subject to any service conditions. Only after vesting can the underlying common shares ultimately be delivered to the reporting person.
What does each Par Pacific restricted stock unit represent for the director?
Each restricted stock unit represents a contingent right to receive one share of Par Pacific common stock. The right is contingent on meeting vesting requirements. Until then, the units are not actual shares, but a contractual promise of future share delivery.
Is this Par Pacific Form 4 transaction a market purchase or sale?
No, this transaction is a grant of restricted stock units, coded as an acquisition (A) for compensation. It is not an open-market purchase or sale, but part of the director’s equity-based compensation package, with no transaction price per share reported.