PARR: Director Patricia Martinez Receives 728 Restricted Shares; Vesting 10/05/2026
Rhea-AI Filing Summary
Par Pacific Holdings director Patricia Martinez received a grant of 728 restricted shares of common stock on 10/05/2025 at a reported grant price of $34.32. The filing shows Martinez directly owns 10,335 shares after the grant. The restricted shares vest in full and will be delivered on 10/05/2026, indicating a one-year vesting period before the shares transfer to the reporting person. This Form 4 discloses a routine equity compensation event for a director and does not report any sales or option exercises.
Positive
- Alignment with shareholders via a time‑vesting restricted stock grant increases executive share ownership
- Modest grant size (728 shares) limits dilution while still providing incentive
Negative
- Compensation expense will be recorded by the company for the restricted stock grant
- Potential dilution as 728 shares increase outstanding common shares when delivered
Insights
Director received time‑based restricted stock that vests in one year.
Equity grants to directors are a standard tool to align board members with shareholder interests; this grant of 728 restricted shares increases the reporting person's direct stake to 10,335 shares. The one‑year full vesting schedule means the grant is tied to continued service through 10/05/2026.
Key dependencies include share price movement between grant and delivery and any holding policies after vesting. Investors can watch share count changes around the delivery date and any subsequent Form 4 disclosures if shares are sold or further grants occur within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 728 | $34.32 | $25K |
Footnotes (1)
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