HF Sinclair Corp·4

May 18, 5:24 PM ET

MYERS FRANKLIN 4

Research Summary

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Updated

HF Sinclair CEO Franklin Myers Buys 15,000 Shares, Receives Award

What Happened Franklin Myers, CEO, President and a director of HF Sinclair (DINO), made an open-market purchase of 15,000 shares on 2026-05-18 at a weighted average price of $69.11 per share for a total of $1,036,650. On the same day he was also granted 1,500 restricted stock units (RSUs) as an award (reported at $0.00). Purchases by executives are often viewed as a positive signal because they increase their personal ownership, though this summary does not speculate on motivation.

Key Details

  • Transaction dates: 2026-05-18 (both purchase and RSU grant).
  • Open-market purchase: 15,000 shares, weighted avg price $69.11; total approx. $1,036,650. Price range for the trades: $68.95–$69.17 (multiple trades; detailed breakdown available on request per filing).
  • Award/grant: 1,500 RSUs reported as acquired at $0.00.
  • RSU terms: RSUs vest on December 1, 2026 if Mr. Myers remains employed; vested RSUs will be paid in common stock on May 1, 2028 (per filing footnote).
  • Shares owned after transaction: not specified in this filing.
  • Timeliness: Filing date and report period are 2026-05-18 — reported timely.

Context

  • The RSUs are a deferred equity award tied to continued service and will convert to shares upon vesting/payout dates, so they do not increase his tradable holdings immediately.
  • The open-market purchase was executed in multiple trades at slightly different prices (see range above); the filing includes an undertaking to provide per-trade details if requested by investors or the SEC.
  • This is an insider (executive) purchase rather than a 10% owner or institutional trade; such purchases can be of interest to retail investors tracking insider confidence.