Zell Aaron 4

What Happened
Zell Aaron, a director of Par Pacific Holdings, received a grant of 470 restricted stock units (RSUs) on July 5, 2026. The grant is recorded at $0.00 (no cash paid); each RSU is a contingent right to one share of common stock and will convert to shares upon vesting.

Key Details

• Transaction date: 2026-07-05; Form filed: 2026-07-07 (two days after the transaction date).
• Transaction type/code: Award/Grant (A).
• Amount: 470 RSUs granted; reported dollar price $0.00.
• Vesting: The RSUs will vest in full on July 5, 2027 (Footnote F2). Vested shares are deliverable following termination of service. (Footnote F1 explains 1 RSU = 1 contingent share.)
• Shares owned after transaction: not disclosed in the provided Form 4 details.
• Filing timeliness: filing date is July 7, 2026; the report does not indicate a late filing.

Context
This was a compensation grant (an award), not an open‑market purchase or sale, so it reflects equity-based compensation rather than an immediate bullish or bearish trading signal. For derivative grants like RSUs, value is realized only if and when the units vest and convert to shares (and any tax/withholding terms would be described in the full company disclosures).