PAR Technology director granted 11,490 RSUs
Pascal Keith reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Pascal Keith reported acquisition or exercise transactions in this Form 4 filing.
PAR Technology Corp director Keith Pascal received an equity grant as part of his annual board retainer. On June 8, 2026, he was awarded 11,490 shares of common stock at no purchase price, increasing his directly held shares to 28,749.
The award represents the equity portion of his non-employee director retainer for the term beginning May 29, 2026 and is structured as time-vesting restricted stock units under the company’s 2015 Equity Incentive Plan. All RSUs vest 100% on the earlier of 12 months from the June 8, 2026 grant date or the date of the company’s 2027 annual shareholder meeting.
Insider Trade Summary
Grant/Award: 11,490 shares
Grant/Award
1 txn
Insider
Pascal Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,490 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 28,749 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSU grant size: 11,490 shares
Grant price: $0.0000 per share
Holdings after grant: 28,749 shares
+3 more
6 metrics
RSU grant size
11,490 shares
Common Stock award on June 8, 2026
Grant price
$0.0000 per share
Reported transaction price for RSU grant
Holdings after grant
28,749 shares
Total directly held common shares following transaction
Retainer term start
May 29, 2026
Non-employee director annual retainer term commencement
Grant date
June 8, 2026
RSU grant date for equity retainer
Vesting trigger
Earlier of 12 months or 2027 meeting
100% of RSUs vest on earlier of 12 months from June 8, 2026 or 2027 annual meeting
Key Terms
restricted stock units (RSUs), non-employee Director annual retainer, vesting schedule, Equity Incentive Plan
4 terms
restricted stock units (RSUs) financial
"comprising time-vesting restricted stock units (RSUs) granted under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan."
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.
non-employee Director annual retainer financial
"Equity portion of non-employee Director annual retainer for term commencing May 29, 2026, comprising time-vesting restricted stock units (RSUs)."
vesting schedule financial
"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."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Equity Incentive Plan financial
"RSUs 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PAR (PAR) director Keith Pascal report in this Form 4?
Keith Pascal reported an equity grant of 11,490 common shares at no cost. This award is part of his non-employee director annual retainer, paid in time-vesting restricted stock units under PAR Technology’s 2015 Equity Incentive Plan.
What are Keith Pascal’s PAR (PAR) holdings after this grant?
After the reported grant, Keith Pascal directly holds 28,749 PAR common shares. This total includes the newly awarded 11,490 shares, providing context for the scale of the compensation grant relative to his overall reported ownership position.
How do the PAR (PAR) restricted stock units vest for this grant?
The 11,490 restricted stock units vest 100% on the earlier of two dates. They vest either 12 months from the June 8, 2026 grant date or on the date of PAR Technology’s 2027 annual meeting of shareholders, whichever occurs first.
What plan governs the PAR (PAR) equity award to Keith Pascal?
The equity grant was made under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. This plan authorizes stock-based compensation, including restricted stock units, for directors and other eligible participants of PAR Technology.
Is Keith Pascal’s PAR (PAR) Form 4 transaction a market buy or sell?
No, the Form 4 shows a grant coded as an acquisition (code A), not a market trade. The shares were awarded as equity compensation, with a reported price per share of $0.0000, rather than being bought or sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
