PAR Technology (PAR) president sells 11,829 company shares
Rhea-AI Filing Summary
PAR TECHNOLOGY CORP (PAR) reported an insider sale by officer Oliver Ostertag, President, Growth & AI. On 2026-08-14, he sold 11,829 shares of common stock in an open market or private transaction at a weighted average price of $18.75 per share, with individual trade prices ranging from $18.63 to $18.93. Following this transaction, he directly holds 113,894 shares of PAR common stock.
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Insights
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Insider Trade Summary
Net Seller: 11,829 shares
Net Sell
1 txn
Insider
Ostertag Oliver
Role
President, Growth & AI
Sold
11,829 shs ($222K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 11,829 | $18.75 | $222K |
Holdings After Transaction:
Common Stock — 113,894 shares (Direct)
Footnotes (1)
- F1. The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.63 to $18.93, inclusive. The Reporting Person undertakes to provide to PAR Technology Corporation, any security holder of PAR Technology Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 11,829 shares
Weighted average sale price: $18.75 per share
Sale price range: $18.63 to $18.93 per share
+1 more
4 metrics
Shares sold
11,829 shares
Common Stock sold on 2026-08-14
Weighted average sale price
$18.75 per share
Average price for the 11,829 shares sold
Sale price range
$18.63 to $18.93 per share
Range of individual trade prices for the sale
Shares owned after transaction
113,894 shares
Directly held by Oliver Ostertag after the sale
Key Terms
weighted average price, open market or private transaction, Common Stock
3 terms
weighted average price financial
"The sale price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did PAR (PAR) disclose in this Form 4?
PAR disclosed that officer Oliver Ostertag, President, Growth & AI, sold 11,829 shares of PAR common stock on 2026-08-14 in an open market or private transaction.
Was the PAR (PAR) insider sale made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnote does not state that this sale was made pursuant to a Rule 10b5-1 plan.
Did the PAR (PAR) Form 4 involve any derivative securities?
No. The Form 4 reports a single transaction in Common Stock only, and the derivative security summary section shows no derivative transactions or remaining derivative positions in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.