Director Cynthia Russo receives 11,490 PAR Technology (PAR) stock units as retainer

Rhea-AI Filing Summary

PAR Technology Corp director Cynthia A. Russo received an equity grant tied to her board service. She was awarded 11,490 shares of Common Stock at a price of $0.00 per share as a grant or award acquisition, bringing her directly held position to 62,940 shares.

The grant represents the equity portion of her non-employee director annual retainer for the term commencing May 29, 2026. It comprises time-vesting restricted stock units granted under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan, vesting 100% on the earlier of 12 months from June 8, 2026, or the Company’s 2027 annual meeting of shareholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RUSSO CYNTHIA A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,490	$0.00	--

Holdings After Transaction: Common Stock — 62,940 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 11,490 shares Grant price: $0.00 per share Shares held after grant: 62,940 shares +2 more

5 metrics

Shares granted 11,490 shares Grant/award of Common Stock on June 8, 2026

Grant price $0.00 per share Equity portion of non-employee director annual retainer

Shares held after grant 62,940 shares Total directly owned by Cynthia A. Russo following transaction

Vesting trigger 100% vesting Earlier of 12 months from June 8, 2026 or 2027 annual meeting

Transaction code A Grant, award, or other acquisition of non-derivative Common Stock

Key Terms

restricted stock units (RSUs), Equity Incentive Plan, non-employee Director annual retainer, time-vesting

4 terms

restricted stock units (RSUs) financial

"comprising time-vesting restricted stock units (RSUs) granted under the Second Amended"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Equity Incentive Plan financial

"granted under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

non-employee Director annual retainer financial

"Equity portion of non-employee Director annual retainer for term commencing May 29, 2026"

time-vesting financial

"comprising time-vesting restricted stock units (RSUs) granted under the Second Amended"

Time-vesting is a schedule that gives someone the right to a stock option, restricted share, or other award gradually over a set period rather than all at once; the recipient only “earns” portions of the grant as time passes. For investors, time-vesting matters because it affects when new shares can enter the market, how long employees have incentives to stay and perform, and the timing of potential dilution or insider selling—think of it like receiving paychecks of ownership instead of a lump-sum grant.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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^*

RUSSO CYNTHIA A

(Last) (First) (Middle)

C/O PAR TECHNOLOGY CORPORATION

8383 SENECA TURNPIKE

(Street)

NEW HARTFORD NEW YORK 13413

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/08/2026		A		11,490(1)	A	$0	62,940	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Equity portion of non-employee Director annual retainer for term commencing May 29, 2026, comprising time-vesting restricted stock units (RSUs) granted under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. The vesting schedule is as follows: 100% of the RSUs vest on the earlier of (a) 12-months from June 8, 2026, the grant date, and (b) the date of the Company's 2027 annual meeting of shareholders.

Remarks:

	/s/ Jennifer L Karinen, Attorney-in-fact	06/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PAR (PAR) director Cynthia A. Russo report?

Cynthia A. Russo reported receiving a grant of 11,490 shares of PAR common stock at a price of $0.00 per share. This award is part of her non-employee director annual retainer and increased her directly held position to 62,940 shares following the transaction.

How many PAR Technology (PAR) shares were granted to Cynthia Russo and at what price?

Cynthia Russo was granted 11,490 shares of PAR common stock at $0.00 per share as a grant, award, or other acquisition. The shares reflect the equity portion of her non-employee director annual retainer under the company’s 2015 Equity Incentive Plan.

What is the vesting schedule for Cynthia Russo’s PAR (PAR) restricted stock units?

Russo’s grant comprises time-vesting restricted stock units that vest 100% on the earlier of 12 months from June 8, 2026, or the date of PAR Technology’s 2027 annual meeting of shareholders. Until vesting, these RSUs remain subject to the plan’s terms.

Is Cynthia Russo’s PAR (PAR) Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 shows a compensation grant, not an open-market purchase. The transaction uses code “A” for a grant, award, or other acquisition at $0.00 per share, representing the equity portion of Russo’s non-employee director annual retainer for her upcoming board term.

Under which plan were Cynthia Russo’s PAR (PAR) restricted stock units granted?

The restricted stock units were granted under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. This plan governs equity awards for participants, and Russo’s grant represents the equity portion of her non-employee director annual retainer for the specified term.