[Form 4] Par Pacific Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Jeffrey R. Hollis, Senior Vice President, General Counsel and Secretary of Par Pacific Holdings, Inc., reported the sale of 5,228 shares of Par Pacific common stock on 09/02/2025 at a weighted average price of $34.55. After the transactions, Hollis beneficially owned 24,679 shares. The filing states the sales occurred in multiple transactions with prices ranging from $34.54 to $34.63 and offers to provide details on the number of shares sold at each price upon request. This disclosure was made on a Form 4 to report changes in beneficial ownership.

Insights

Securities Analyst

TL;DR Insider sale disclosed: 5,228 shares sold at a $34.55 weighted average, holdings now 24,679 shares.

The Form 4 documents a straightforward disposition by an officer rather than an option exercise or derivative transaction. The filing gives exact sale quantity and a weighted average price and notes multiple trade prices within a narrow $0.09 range. Without additional context on total outstanding shares or a scheduled trading plan disclosed on this form, the transaction is a routine insider sale disclosure required under Section 16.

Corporate Governance Expert

TL;DR Officer sold a modest block of shares; the filing meets disclosure requirements and offers supplemental price breakdown on request.

The report identifies the reporting person and role, the exact transaction date, and the post-transaction beneficial ownership. The footnote clarifies the weighted-average pricing and offers to provide per-price quantities on request, which supports transparency. The form does not state a 10b5-1 plan or other instructions on the face of this filing.

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
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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^*

Hollis Jeffrey Ryan

(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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		S		5,228	D	$34.55(1)	24,679	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. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $34.54 to $34.63, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

Senior VP - General Counsel and Secretary

	/s/ Jeffrey R. Hollis	09/04/2025
	** 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 did Jeffrey R. Hollis report in the Form 4 for PARR?

The Form 4 reports that Jeffrey R. Hollis sold 5,228 shares on 09/02/2025 at a weighted average price of $34.55, leaving him with 24,679 shares.

What price range did the reported PARR sales occur at?

The footnote states the shares were sold at prices ranging from $34.54 to $34.63, and the $34.55 figure is a weighted average.

What is Jeffrey R. Hollis's role at Par Pacific Holdings (PARR)?

The filing identifies Jeffrey R. Hollis as Senior Vice President, General Counsel and Secretary.

When was the Form 4 signed and filed?

The signature block shows the form was signed by Jeffrey R. Hollis on 09/04/2025.

Does the Form 4 indicate the sale was made under a 10b5-1 plan?

No. The filing does not indicate that the transaction was made pursuant to a 10b5-1 plan on its face.