Pitkin Terrill 4
Research Summary
AI-generated summary
Par Pacific (PARR) SVP Terrill Sells 11,824 Shares
What Happened
- Terrill Pitkin, Senior Vice President, Planning & Commercial at Par Pacific Holdings (PARR), reported a sale of 11,824 common shares on March 5, 2026. The filing shows a weighted average sale price of $51.22, for total proceeds of approximately $605,625.
- This was a disposition (sale), not a purchase or option exercise. Sales by insiders are relatively common and do not necessarily signal a change in company outlook.
Key Details
- Transaction date: 2026-03-05.
- Reported price: weighted average $51.22 per share; sales occurred at prices ranging from $51.03 to $51.52 (see footnote).
- Shares sold: 11,824; total proceeds reported about $605,625.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The price is a weighted average; the seller states the shares were sold in multiple transactions at prices between $51.03 and $51.52 and will provide a per-price breakdown to the company or SEC staff upon request.
- Filing timeliness: Report filed 2026-03-06 for a 2026-03-05 transaction — appears timely. No 10b5-1 plan, tax withholding, or option exercise was disclosed in the provided information.
Context
- This was a straight share sale (S code), not an exercise or award. For retail investors, purchases by insiders can be more informative than routine sales; a single sale like this should be viewed as a disposition of holdings rather than definitive evidence of management’s view of the company.
- If you want the exact per-trade prices within the reported range, the footnote indicates the reporting person can provide that breakdown on request.