PAR Technology (PAR) awards 24,307 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Codner Elizabeth M reported acquisition or exercise transactions in this Form 4 filing.
PAR Technology Corp granted Chief Human Resources Officer Elizabeth M. Codner 24,307 shares of Common Stock as a restricted stock unit award. The units vest in one-third increments on March 1, 2027, 2028, and 2029. After this grant, she directly holds 31,442 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Codner Elizabeth M
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,307 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,442 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 24,307 shares
Post-grant holdings: 31,442 shares
Vesting date 1: March 1, 2027
+2 more
5 metrics
RSU grant size
24,307 shares
Restricted stock units granted on May 11, 2026
Post-grant holdings
31,442 shares
Common Stock directly held after transaction
Vesting date 1
March 1, 2027
First one-third of RSUs vest
Vesting date 2
March 1, 2028
Second one-third of RSUs vest
Vesting date 3
March 1, 2029
Final one-third of RSUs vest
Key Terms
restricted stock units, vesting, Common Stock, Form 4
4 terms
restricted stock units financial
"Grant of restricted stock units that vest in 1/3 increments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"that vest in 1/3 increments on March 1, 2027, 2028, and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"Common Stock, transaction code A, grant, award, or other acquisition"
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.
Form 4 regulatory
"insider filing data (Form 4) reporting the grant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did PAR (PAR) disclose about Elizabeth Codner in this Form 4?
PAR Technology Corp reported that Chief Human Resources Officer Elizabeth M. Codner received a grant of 24,307 restricted stock units of Common Stock, increasing her direct holdings to 31,442 shares following the award, according to the Form 4 insider transaction filing.
What is the vesting schedule for Elizabeth Codner’s PAR (PAR) RSU grant?
The 24,307 restricted stock units granted to Elizabeth M. Codner vest in three equal installments. They vest in one-third increments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to the standard conditions associated with such awards.
What is Elizabeth Codner’s role at PAR (PAR) mentioned in the filing?
Elizabeth M. Codner is identified as the Chief Human Resources Officer of PAR Technology Corp. The Form 4 notes her officer status and reports the equity award transaction affecting her direct holdings of the company’s Common Stock.