PATE WILLIAM 4
4 · PAR PACIFIC HOLDINGS, INC. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Par Pacific (PARR) Director William Pate Receives Award
What Happened William Pate, a director of Par Pacific Holdings, Inc. (PARR), received a grant of 470 restricted stock units (RSUs) on July 5, 2026. The filing reports an acquisition price of $0.00 (no cash paid); the RSUs are derivative awards that represent the contingent right to receive one share of common stock per unit. The units will vest in full on July 5, 2027, and vested shares will be delivered to Mr. Pate only following termination of service (per the filing footnotes).
Key Details
- Transaction date: July 5, 2026; Form 4 filed July 7, 2026 (two days after the grant; appears timely).
- Transaction code/type: Award/Grant (A) — 470 RSUs @ $0.00 (derivative security).
- Reported immediate cash value: $0.00 (grant of units, not a cash payment).
- Shares owned after transaction: Not reported in the provided filing.
- Footnotes: F1 — each RSU converts to one share; F2 — RSUs vest in full on July 5, 2027 and vested shares are delivered following termination of service.
- No 10b5-1 plan, sale, purchase, tax withholding, or late-filing indicator was disclosed in this report.
Context This is a compensation award (RSUs), not an open-market purchase or sale. Such grants are common for executives and directors; they indicate company compensation decisions rather than an immediate buying/selling signal. Because delivery of shares is contingent on vesting and further conditional on termination timing per the footnote, these units may not result in immediate share ownership or liquidity for the insider.
Insider Transaction Report
- Award
Restricted stock units
[F1][F2]2026-07-05+470→ 470 total→ Common stock (470 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The restricted stock units will vest in full on July 5, 2027. Vested shares will be delivered to the reporting person following termination of service