PATE WILLIAM 4
Research Summary
AI-generated summary
PAR PACIFIC (PARR) Director William Pate Receives RSU Award
What Happened
- William Pate, a director of Par Pacific Holdings, was granted 385 restricted stock units (RSUs) on April 5, 2026. The grant is recorded as a derivative award with an acquisition price of $0.00 (i.e., no cash was paid at grant). The filing was submitted April 7, 2026.
Key Details
- Transaction date: 2026-04-05; Filing date: 2026-04-07 (timely — filed two days after the transaction).
- Grant: 385 RSUs, acquisition price $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Each RSU equals a contingent right to one share of common stock.
- F2: The RSUs vest in full on April 5, 2027; vested shares will be delivered following termination of service.
- Transaction code: A = Award/Grant.
Context
- This was an equity compensation award (not a purchase or sale). RSU grants are commonly part of director compensation and do not by themselves signal buying or selling intent. The RSUs convert to actual shares only if/when they vest per the vesting schedule noted above.