Guerra Ivan Daniel 4
Research Summary
AI-generated summary
Par Pacific (PARR) CAO Ivan Daniel Guerra Sells 840 Shares (Tax Withholding)
What Happened
Ivan Daniel Guerra, Chief Accounting Officer of Par Pacific Holdings (PARR), had 840 shares of common stock withheld by the company to satisfy a tax withholding obligation tied to the vesting of restricted shares. The withholding was executed at $42.23 per share, for a total value of $35,473. This transaction is a disposition for tax purposes (not an open-market sale) and is routine when restricted stock vests.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20.
- Price used for withholding: $42.23 per share; shares withheld: 840; total value: $35,473.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were withheld by the issuer to pay withholding tax on vested restricted stock.
- Filing timeliness: filed within the normal reporting window (no late filing indicated).
Context
This is a tax-withholding (F code) disposition tied to restricted stock vesting, effectively a "sell-to-cover" handled by the issuer. Such withholdings are administrative and do not necessarily reflect the insider’s view on the company’s prospects.