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Par Pacific CEO Sells $5.9M in Stock
William Monteleone sold over 108,000 shares of the company's stock.
Mar. 20, 2026 at 8:26am
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Par Pacific Holdings, Inc. (NYSE:PARR) CEO William Monteleone sold 108,948 shares of Par Pacific stock in a transaction on March 16, 2026. The stock was sold at an average price of $54.06, for a total value of $5,889,728.88. Following the sale, Monteleone still owns 457,167 shares of the company's stock, valued at approximately $24,714,448.02.
Why it matters
This transaction represents a significant decrease in Monteleone's position in Par Pacific, the diversified downstream energy company that operates refineries in Hawaii and Utah. Insider transactions like this can provide insight into management's views on the company's outlook and valuation.
The details
Monteleone sold 108,948 shares of Par Pacific stock, reducing his total ownership to 457,167 shares. The shares were sold at an average price of $54.06, resulting in total proceeds of $5,889,728.88. Par Pacific's stock trades on the New York Stock Exchange under the ticker symbol PARR.
- The stock sale transaction occurred on Monday, March 16, 2026.
The players
William Monteleone
The CEO of Par Pacific Holdings, Inc.
Par Pacific Holdings, Inc.
A diversified downstream energy company engaged in refining, marketing, and logistics of petroleum products, operating refineries in Hawaii and Utah.
The takeaway
This insider sale by Par Pacific's CEO suggests he may be less bullish on the company's near-term prospects, though the company's refining operations and diversified energy portfolio continue to perform well overall.
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