PAR Technology (NYSE: PAR) CEO logs automatic 71,915-share sell-to-cover trades

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

PAR Technology Corp CEO & President Savneet Singh reported automatic sales of company stock to cover taxes tied to vesting equity awards. On two days, he sold a total of 71,915 shares of common stock in open-market transactions.

The filing shows 57,605 shares sold on March 3, 2026 at a weighted average price of $17.49 per share, and 14,310 shares sold on March 4, 2026 at a weighted average price of $18.27 per share. After these transactions, he directly held 238,227 shares.

According to the footnotes, the sales were required under PAR’s mandatory, automatic “sell-to-cover” policy, implemented through a Rule 10b5-1 plan adopted on June 3, 2025, to satisfy tax withholding obligations on vesting restricted stock units and performance-based restricted stock units. The filing states these were not discretionary trades by Singh.

Insider Trade Summary

Net Seller: 71,915 shares ($1,268,955)

Net Sell 2 txns

Insider Singh Savneet

Role CEO & President

Sold 71,915 shs ($1.27M)

Type	Security	Shares	Price	Value
Sale	Common Stock	14,310	$18.27	$261K
Sale	Common Stock	57,605	$17.49	$1.01M

Holdings After Transaction: Common Stock — 238,227 shares (Direct)

Footnotes (1)

The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of a portion of restricted stock units granted on March 3, 2023, February 29, 2024, and March 5, 2025, and in connection with the vesting and settlement of a portion of performance-based restricted stock units granted on May 15, 2023 and February 29, 2024. These sales are made pursuant to the Company's mandatory, automatic "sell-to-cover" policy as implemented in a Rule 10b5-1 plan adopted on June 3, 2025, and do not represent discretionary trades by the Reporting Person. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.42 to $17.61 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. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.44 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.

Form 4 Insider Transactions: What Each Field Means →

03/05/2026 - 08:36 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Singh Savneet

(Last)

(First)

(Middle)

8383 SENECA TURNPIKE

(Street)

NEW HARTFORD

13413

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PAR TECHNOLOGY CORP [ PAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/03/2026		S		57,605⁽¹⁾	D	$17.49⁽²⁾	252,537	D
Common Stock	03/04/2026		S		14,310⁽¹⁾	D	$18.27⁽³⁾	238,227	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of a portion of restricted stock units granted on March 3, 2023, February 29, 2024, and March 5, 2025, and in connection with the vesting and settlement of a portion of performance-based restricted stock units granted on May 15, 2023 and February 29, 2024. These sales are made pursuant to the Company's mandatory, automatic "sell-to-cover" policy as implemented in a Rule 10b5-1 plan adopted on June 3, 2025, and do not represent discretionary trades by the Reporting Person.

2. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.42 to $17.61 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.

3. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.44 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.

Remarks:

	/s/ Jennifer L Karinen, Attorney-in-fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did PAR (PAR) disclose for Savneet Singh?

PAR disclosed that CEO & President Savneet Singh sold 71,915 shares of common stock in two open-market transactions. The sales were tied to tax withholding obligations on vesting restricted and performance-based stock units under the company’s mandatory sell-to-cover policy.

How many PAR (PAR) shares did the CEO sell and at what prices?

Savneet Singh sold 57,605 PAR shares on March 3, 2026 at a weighted average of $17.49 and 14,310 shares on March 4, 2026 at a weighted average of $18.27. The trades occurred through multiple transactions within disclosed price ranges.

Were Savneet Singh’s PAR (PAR) stock sales discretionary or automatic?

The filing states the sales were automatic, not discretionary. They occurred under PAR’s mandatory, automatic “sell-to-cover” policy in a Rule 10b5-1 plan, solely to satisfy tax withholding obligations on vesting restricted and performance-based stock units awarded in 2023, 2024 and 2025.

How many PAR (PAR) shares does the CEO hold after these transactions?

After the reported sell-to-cover transactions, Savneet Singh directly held 238,227 shares of PAR common stock. This post-transaction holding reflects his remaining direct ownership following the two open-market sales executed to cover tax withholding requirements on vesting equity awards.

What equity awards caused the PAR (PAR) CEO’s sell-to-cover trades?

The tax-related sales were linked to restricted stock units granted on March 3, 2023, February 29, 2024, and March 5, 2025, plus performance-based restricted stock units granted on May 15, 2023 and February 29, 2024. Shares were sold as those awards vested and settled.

What pricing details were provided for the PAR (PAR) insider sales?

Each transaction used a weighted average sale price, with March 3 trades ranging from $17.42 to $17.61 per share and March 4 trades ranging from $18.00 to $18.44. The filing notes full trade-by-trade details are available upon request from specified parties.