PAR Technology (NYSE: PAR) CFO exercises 6,500 options and sells 6,500 shares

Rhea-AI Filing Summary

PAR Technology Corporation’s Chief Financial Officer reported a routine insider transaction. On 12/10/2025, the officer exercised 6,500 stock options at an exercise price of $8.82 per share and acquired the same number of common shares.

That same day, the officer sold 6,500 shares of common stock at a weighted average price of $35.53 per share, in multiple trades between $35.50 and $35.56. These trades occurred automatically under a Rule 10b5‑1 trading plan adopted on March 10, 2025. After these transactions, the officer directly owned 71,481 shares of PAR common stock and held 6,500 employee stock options that are exercisable for PAR common shares.

Insider Trade Summary

Net Seller: 6,500 shares ($230,945)

Net Sell 3 txns

Insider MENAR BRYAN A

Role Chief Financial Officer

Sold 6,500 shs ($231K)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	6,500	$0.00	--
Exercise	Common Stock	6,500	$8.82	$57K
Sale	Common Stock	6,500	$35.53	$231K

Holdings After Transaction: Employee Stock Option (right to buy) — 6,500 shares (Direct); Common Stock — 77,981 shares (Direct)

Footnotes (1)

1. This transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2025. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.50 to $35.56, 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 option, representing a right to purchase a total of 40,000 shares, became exercisable in four equal installments beginning on December 8, 2018, which was the first anniversary of the date on which the option was granted.

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).

X

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^*

MENAR BRYAN A

(Last) (First) (Middle)

8383 SENECA TURNPIKE

(Street)

NEW HARTFORD NY 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/10/2025		M		6,500	A	$8.82	77,981	D
Common Stock(1)	12/10/2025		S		6,500	D	$35.53(2)	71,481	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
Employee Stock Option (right to buy)	$8.82	12/10/2025		M			6,500	(3)	12/08/2027	Common Stock	6,500	$0	6,500	D

Explanation of Responses:

1. This transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2025.

2. The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.50 to $35.56, 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 option, representing a right to purchase a total of 40,000 shares, became exercisable in four equal installments beginning on December 8, 2018, which was the first anniversary of the date on which the option was granted.

Remarks:

	/s/ Cathy A. King, Attorney-in-Fact	12/12/2025
	** 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.

FAQ

What insider transaction did PAR (PAR) report in this Form 4?

The Chief Financial Officer of PAR Technology Corporation reported exercising 6,500 employee stock options at $8.82 per share and selling 6,500 shares of common stock on 12/10/2025.

At what prices did the PAR (PAR) CFO exercise options and sell shares?

The CFO exercised stock options with an exercise price of $8.82 per share and sold the resulting shares at a weighted average price of $35.53 per share, with individual trades between $35.50 and $35.56.

How many PAR Technology (PAR) shares does the reporting officer own after the transaction?

Following the reported transactions, the officer directly owned 71,481 shares of PAR Technology Corporation common stock.

How many PAR (PAR) options does the officer hold after this Form 4 transaction?

After the transaction, the officer held 6,500 employee stock options, each representing the right to purchase one share of PAR common stock.

Was the PAR Technology (PAR) insider transaction under a Rule 10b5-1 trading plan?

Yes. The filing states that the transaction occurred automatically under a Rule 10b5‑1 trading plan adopted by the reporting person on March 10, 2025.

What is the total size of the PAR Technology (PAR) option grant referenced in the Form 4?

The employee stock option originally represented a right to purchase 40,000 shares of PAR common stock, vesting in four equal installments beginning on December 8, 2018.