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

Rhea-AI Filing Summary

Terrill Pitkin, Senior Vice President, Planning & Commercial at Par Pacific Holdings, Inc. (PARR), reported the sale of 5,164 shares of the company's common stock on 08/14/2025 at a weighted average sale price of $27.97 per share. After the reported disposition, the filing shows the reporting person beneficially owned 41,223 shares, held directly. The Form 4 indicates the shares were sold in multiple transactions at prices ranging from $27.81 to $28.05, and the reporting person offers to provide the breakdown of shares sold at each price upon request. The form is signed and dated by the reporting person on 08/14/2025.

Positive

• Sale fully disclosed with weighted average price of $27.97 and specific price range ($27.81–$28.05)
• Reporting person provided a clear offer to supply detailed per-trade price breakdown on request

Negative

• Senior officer reduced direct beneficial ownership by 5,164 shares

Insights

Securities Analyst

TL;DR: Routine insider sale disclosed; modest reduction in direct holdings with transparent pricing.

The Form 4 documents a direct sale of 5,164 shares by a senior officer, reducing direct beneficial ownership to 41,223 shares. The reported weighted average price of $27.97 and the disclosed price range provide clear execution detail. There is no indication in the filing of related derivative transactions, option exercises, or hedging activity. Based solely on the filing, this appears to be a routine sale rather than a material corporate event.

Corporate Governance Expert

TL;DR: Disclosure meets Section 16 reporting requirements; transparent footnote on execution prices.

The filing is properly completed: it identifies the reporting person, relationship to the issuer (SVP), transaction date, transaction code (S for sale), and provides a footnote explaining that the sale occurred across multiple price points from $27.81 to $28.05. The signature is present and dated. From a governance and compliance standpoint, the document supplies the requisite information for public record without additional qualifiers.

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^*

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)
08/14/2025

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	08/14/2025		S		5,164	D	$27.97(1)	41,223	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 $27.81 to $28.05, inclusive. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Terrill Pitkin	08/14/2025
	** 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 insider transaction did Terrill Pitkin report for PARR?

Terrill Pitkin reported the sale of 5,164 shares of Par Pacific Holdings common stock on 08/14/2025.

At what price were the PARR shares sold in the Form 4?

The filing reports a weighted average sale price of $27.97 and a price range of $27.81 to $28.05.

How many PARR shares does the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owned 41,223 shares (direct ownership).

What is the reporting person's role at Par Pacific Holdings?

The Form 4 identifies the reporting person as SVP, Planning & Commercial and an officer of the issuer.

Does the Form 4 indicate any derivative or option transactions by the reporting person?

No. The filing shows activity only in the issuer's common stock; no derivative securities are reported in Table II.