Pitkin Terrill 4
Research Summary
AI-generated summary
PARR SVP Pitkin Terrill Withholds 423 Shares for Taxes
What Happened
- Pitkin Terrill, SVP, Planning & Commercial at PAR PACIFIC HOLDINGS, INC. (PARR), had 423 shares of common stock withheld by the company to satisfy withholding tax on the vesting of restricted shares. The withholding was reported as a disposition at $42.86 per share, totaling $18,130, on 2026-02-16.
- This was a routine tax-withholding event (transaction code F), not an open-market sale or discretionary trade.
Key Details
- Transaction date and price: 2026-02-16 — 423 shares @ $42.86 per share (total $18,130).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — shares were withheld by the issuer to pay withholding tax liability incurred upon the vesting of restricted shares of common stock.
- Filing date: 2026-02-18 (filed two days after the transaction); no late filing flag indicated in the provided data.
Context
- Tax-withholding by the issuer is a common, administrative disposition when restricted stock vests; it does not necessarily indicate a change in the insider’s view of the company.
- Transaction code F denotes withholding to cover taxes rather than a voluntary sale or purchase.