Par Pacific (NYSE: PARR) awards 385 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zell Aaron reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Aaron Zell reported a compensation-related equity award. He received 385 restricted stock units, each representing a contingent right to receive one share of common stock. These restricted stock units will vest in full on April 5, 2027.
Following vesting, the underlying common shares will be delivered to Zell after his service as a director ends. After this grant, his reported holdings in this award total 385 restricted stock units, and the filing shows no open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zell Aaron
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 385 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 385 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock unit will vest in full on April 5, 2027. Vested shares will be delivered to the reporting person following termination of service.
Key Figures
RSUs granted: 385 restricted stock units
Underlying common shares: 385 shares
Vesting date: April 5, 2027
+1 more
4 metrics
RSUs granted
385 restricted stock units
Grant to director Aaron Zell on April 5, 2026
Underlying common shares
385 shares
Each RSU represents one share of common stock
Vesting date
April 5, 2027
RSUs vest in full on this date
Total RSUs after grant
385 restricted stock units
Total holdings from this award following the transaction
Key Terms
Restricted stock units, contingent right, vest in full, termination of service
4 terms
Restricted stock units financial
"security_title: "Restricted stock units" and footnote describing each unit"
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 in full financial
"The restricted stock unit will vest in full on April 5, 2027"
termination of service financial
"Vested shares will be delivered to the reporting person following termination of service"
FAQ
What insider transaction did Aaron Zell report for PAR Pacific (PARR)?
Aaron Zell reported receiving 385 restricted stock units as equity compensation. Each unit is tied to one share of PAR Pacific common stock, with no cash paid. The transaction reflects a grant or award, not an open-market purchase or sale of shares.
How many restricted stock units did the PAR Pacific director receive?
The director received 385 restricted stock units. Each unit represents a contingent right to one share of common stock, giving him potential future ownership. The grant increased his reported holding in this award to 385 units, all held as a direct interest.
When do Aaron Zell’s PAR Pacific restricted stock units vest?
The restricted stock units will vest in full on April 5, 2027. Vesting means the award becomes earned at that date, subject to terms. Only after vesting and later board service termination will the underlying common shares be delivered to him.
What does each PAR Pacific restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of PAR Pacific common stock. This means the holder does not own the share yet; instead, they gain actual shares later, after vesting and applicable delivery conditions are satisfied.
Did the PAR Pacific Form 4 show any stock bought or sold on the market?
The reported transaction is a grant of 385 restricted stock units, not a market trade. The filing classifies it as a grant or award acquisition, with no open-market buying or selling and no transaction price per share disclosed for this equity compensation.