PAR (NYSE: PAR) insider plans Rule 144 sale of 6,500 shares via Morgan Stanley

Rhea-AI Filing Summary

A person associated with PAR (symbol: PAR) has filed a notice of intent to sell 6,500 shares of common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $231,010.00. The filing states that 40,591,032 shares of the issuer’s common stock were outstanding at the time referenced.

The 6,500 shares to be sold were acquired on 12/10/2025 through an exercise of stock options, paid for in cash on the same date. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations, consistent with Rule 144 requirements.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6500	231010.00	40591032	12/10/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/10/2025	Exercise of Stock Options	Issuer			6500	12/10/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing for PAR indicate?

The Form 144 indicates that an affiliated person of PAR (PAR) intends to sell 6,500 shares of common stock under Rule 144 on the NYSE, using Morgan Stanley Smith Barney LLC as broker.

How many PAR shares are planned to be sold and what is their market value?

The notice covers a proposed sale of 6,500 common shares of PAR with an indicated aggregate market value of $231,010.00 at the time of the filing.

How were the PAR shares in this Form 144 acquired?

The 6,500 shares covered by the notice were acquired on 12/10/2025 through an exercise of stock options, with the payment made in cash on the same date.

How many PAR common shares were outstanding according to the filing?

The filing states that there were 40,591,032 shares of PAR common stock outstanding at the relevant reference point, which is a baseline figure for the company’s equity.

On which exchange will the PAR shares in this Form 144 be sold?

The filing lists the NYSE as the securities exchange where the 6,500 PAR common shares covered by the notice may be sold.

What representation does the seller make in this PAR Form 144 notice?

By signing the notice, the person for whose account the PAR securities are to be sold represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.