Par Pacific (PARR) SVP Sells 5,164 Shares at $27.97 — Form 4
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.
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 5,164 | $27.97 | $144K |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Terrill Pitkin report for PARR?
What is the reporting person's role at Par Pacific Holdings?
Does the Form 4 indicate any derivative or option transactions by the reporting person?
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