PARR Director Receives 728 Restricted Shares at $34.32
Insider grant recorded: Director Timothy Clossey was granted 728 restricted shares of common stock of Par Pacific Holdings, Inc. (PARR) on 10/05/2025 at a reported price of $34.32 per share.
Rhea-AI Filing Summary
Insider grant recorded: Director Timothy Clossey was granted 728 restricted shares of common stock of Par Pacific Holdings, Inc. (PARR) on 10/05/2025 at a reported price of $34.32 per share. After the grant, he beneficially owns 84,728 shares in total. The filing states the restricted shares will vest in full and be delivered on 10/05/2026. The Form 4 is signed and dated 10/07/2025.
This report records a non-derivative award to a director with a one-year vesting/delivery schedule; no options, sales, or other dispositions are disclosed. All details are limited to the grant, resulting ownership, and the vesting date.
Positive
- Alignment with shareholders: Director awarded 728 restricted shares that vest in one year, aligning incentives
- Modest grant size: The award appears small relative to total beneficial ownership (84,728 shares), limiting dilution
Negative
- None.
Insights
Director received a one-year restricted-share grant, modest relative to holdings.
The grant of 728 restricted shares at $34.32 increases the reporting person’s beneficial holdings to 84,728 shares and vests on 10/05/2026. Such awards are commonly used to align director interests with shareholders without immediate sale pressure.
Key dependencies include continued service through the vesting date and any forfeiture conditions not detailed here. Investors may note the single-year cliff delivery and track beneficial ownership changes near the vesting date (10/05/2026) for potential further transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 728 | $34.32 | $25K |
Footnotes (1)
- F1. Represents a grant of restricted stock received by the reporting person. The shares will vest in full and be delivered on October 5, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PARR director Timothy Clossey receive according to the Form 4?
Does the Form 4 report any sales or option exercises by the director?
When was the Form 4 filed and signed for the PARR transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.