STOCK TITAN

Par Pacific (NYSE: PARR) SVP has 456 shares withheld for taxes on vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Pitkin Terrill
Role SVP, Planning & Commercial
Type Security Shares Price Value
Tax Withholding Common stock 456 $40.71 $19K
Holdings After Transaction: Common stock — 46,725 shares (Direct)
Footnotes (1)
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Learn about SEC filing dates
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pitkin Terrill

(Last) (First) (Middle)
825 TOWN AND COUNTRY LANE
SUITE 1500

(Street)
HOUSTON TX 77024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PAR PACIFIC HOLDINGS, INC. [ PARR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Planning & Commercial
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock 02/23/2026 F 456(1) D $40.71 46,725 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Terrill Pitkin 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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.

Was Terrill Pitkin’s PARR Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Par Pacific withheld 456 shares at $40.71 per share to satisfy withholding taxes triggered by the vesting of restricted common stock awarded to Terrill Pitkin.

How many PARR shares were involved in Terrill Pitkin’s tax-withholding disposition?

The filing reports 456 shares of Par Pacific common stock were withheld. These shares were retained by the issuer to pay withholding tax liabilities arising from the vesting of restricted shares, a common administrative step in equity compensation programs.

What was Terrill Pitkin’s PARR share ownership after the reported Form 4 transaction?

After the tax-withholding disposition, Terrill Pitkin directly owned 46,725 Par Pacific common shares. The transaction only affected a small portion of his holdings and resulted from shares being withheld on vesting, rather than discretionary buying or selling activity.

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.

How was the price per share determined in Terrill Pitkin’s PARR tax-withholding transaction?

The Form 4 lists a price of $40.71 per Par Pacific share for the 456 withheld shares. This price is used solely for calculating the value of stock retained to satisfy the executive’s withholding tax liability when his restricted stock awards vested.