PARR executive reports 456-share tax withholding
PAR PACIFIC HOLDINGS, INC. senior vice president Terrill Pitkin reported a small disposition of common stock tied to equity compensation.
Rhea-AI Filing Summary
PAR PACIFIC HOLDINGS, INC. senior vice president Terrill Pitkin reported a small disposition of common stock tied to equity compensation. On the tax date, 456 shares of common stock were withheld by the company at $40.71 per share to cover withholding taxes on vested restricted stock. After this tax-withholding transaction, Pitkin directly owned 46,725 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 456 shares
Exercise Price or Tax Liability
1 txn
Insider
Pitkin Terrill
Role
SVP, Planning & Commercial
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 456 | $40.71 | $19K |
Holdings After Transaction:
Common stock — 46,725 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PARR executive Terrill Pitkin report on this Form 4?
Terrill Pitkin reported a small disposition of Par Pacific common stock. The company withheld 456 shares to cover tax liabilities when restricted stock vested, rather than an open-market sale, and Pitkin continued to hold 46,725 shares afterward.
What does transaction code F mean in Terrill Pitkin’s PARR Form 4 filing?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 456 Par Pacific shares were withheld by the issuer to cover Pitkin’s tax withholding obligation when restricted common stock vested into freely owned shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.