Par Pacific (PARR) officer’s 626-share tax withholding on vested stock reported
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. officer Shawn David Flores reported a tax-related share disposition tied to equity compensation. On the reported date, 626 shares of common stock were withheld by the company at a price of $42.23 per share to cover withholding tax due on the vesting of restricted stock, rather than being sold on the open market. After this tax-withholding disposition, Flores directly held 37,268 shares of Par Pacific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flores Shawn David
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 626 | $42.23 | $26K |
Holdings After Transaction:
Common Stock — 37,268 shares (Direct)
Footnotes (1)
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FAQ
What did Shawn David Flores report in this Par Pacific (PARR) Form 4?
Shawn David Flores reported a tax-withholding disposition of 626 Par Pacific common shares. The shares were withheld by the company to cover taxes due upon vesting of restricted stock, rather than sold in an open-market transaction.
Was this Par Pacific (PARR) Form 4 a market sale by Shawn David Flores?
No, this was not an open-market sale. The 626 shares were withheld by Par Pacific to cover Flores’s tax liability upon vesting of restricted stock, a common administrative transaction for equity compensation.
What does transaction code "F" mean in this Par Pacific (PARR) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects Par Pacific withholding 626 vested shares from Flores to satisfy his withholding tax obligation.