February 27, 2024 · Form 4 insider transaction
Holding Carol Orme sold 4,000,000 shares of HF Sinclair Corporation at $57.34 per share, a transaction worth $229.36M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
These shares were sold by REH Company (f/k/a The Sinclair Companies) ("REH") to Barclays Capital, Inc. in a private transaction in accordance with Rule 144 under the Securities Act of 1933, as amended.; These shares are owned directly by REH and not Mrs. Holding. REH is the primary and direct beneficial owner of the shares indicated above, and the board of directors of REH has all voting and investment power with respect to such shares. As a result of her relationship with REH, Mrs. Holding may be deemed to beneficially own the 22,406,134 shares under applicable securities law and Securities and Exchange Commission guidance. Mrs. Holding, however, does not intend ever to own such shares directly for investment purposes in the future and expressly disclaims such beneficial ownership, and all pecuniary interest except to the extent of her economic interest in REH, to the maximum extent permitted by law.