Flores Shawn David 4
Research Summary
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PAR PACIFIC (PARR) CFO Shawn Flores Withholds 1,195 Shares
What Happened Shawn David Flores, Senior Vice President and Chief Financial Officer of PAR PACIFIC HOLDINGS, INC. (PARR), had 1,195 shares of common stock withheld by the issuer to satisfy withholding tax liability arising from the vesting of restricted shares. The withholding was executed at $42.86 per share, totaling approximately $51,218. This was a tax-withholding disposition (transaction code F), not an open-market sale or new purchase.
Key Details
- Transaction date: 2026-02-16; filing date: 2026-02-18 (filed within the typical 2-business-day window).
- Shares withheld/disposed: 1,195 at $42.86 each; total value ≈ $51,218.
- Transaction code: F (shares withheld by issuer to cover tax liability on vested restricted stock).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote: Issuer withheld shares to pay withholding taxes upon vesting of restricted common stock.
Context Share withholding to cover taxes is a routine administrative action when restricted stock vests and does not represent an open-market sale or an additional investment decision. Such transactions are common and should be interpreted as tax-related settlement of awarded equity rather than a directional insider trade signal.