Martinez Patricia 4

What Happened
Patricia Martinez, a director of Par Pacific Holdings, was granted 385 restricted stock units (RSUs) on April 5, 2026. The Form 4 records the award as a derivative acquisition at an acquisition price of $0.00 (total reported value $0.00). Each RSU represents a contingent right to one common share upon vesting.

Key Details

• Transaction date and type: 2026-04-05 — Grant/Award (code A), 385 RSUs @ $0.00.
• Shares owned after transaction: Not disclosed in the filing.
• Vesting/delivery: Footnote states each RSU converts to one share (F1); the RSUs vest in full on April 5, 2027 and vested shares will be delivered following termination of service (F2).
• Filing date and timeliness: Form filed Apr 7, 2026; filing appears timely (within the typical 2-business-day window).
• Security type: Derivative (RSUs), not an open-market purchase or sale.

Context
RSU grants are compensation awards that do not require the insider to pay cash up front; value is realized only if and when the RSUs vest and convert to shares. This filing documents a compensation award to a director rather than a market purchase or sale, and does not by itself indicate the director bought or sold company stock.