Flores Shawn David 4
Research Summary
AI-generated summary
Par Pacific (PARR) CFO Shawn Flores Sells 8,190 Shares
What Happened
- Shawn David Flores, Senior Vice President and Chief Financial Officer of Par Pacific Holdings (PARR), sold 8,190 shares on February 27, 2026. The reported proceeds were $350,123. The filing reports a weighted average sale price of $42.75 per share; individual sale prices ranged from $42.75 to $42.76.
- The shares sold were received upon the recent vesting of performance-based restricted stock units (RSUs), and were then sold (a disposition, not a purchase).
Key Details
- Transaction date: 2026-02-27
- Transaction type/code: Sale (S) — open market or private sale
- Shares sold: 8,190; weighted average price: $42.75; price range: $42.75–$42.76
- Total proceeds: $350,123 (approx.)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: Shares sold came from recently vested performance-based RSUs. The filer notes the weighted average price and will provide per-price quantities on request to the company or SEC staff.
- Filing timeliness: Transaction reported on Form 4 filed 2026-03-03 for a 2026-02-27 trade. Form 4 is generally due within two business days of the transaction, so this filing appears to be about one business day late.
Context
- This was a sale of vested RSU shares (common when equity grants vest); such sales often reflect routine handling of vested awards rather than an independent buy/sell signal. No option exercises, gifts, or 10% owner activity were reported in this filing.