PAR Technology (PAR) director receives 11,490 RSUs as annual retainer

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

1 transaction reported

Mixed 1 txn

Insider Pascal Keith

Role null

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

Holdings After Transaction: Common Stock — 28,749 shares (Direct, null)

Footnotes (1)

1. [object Object]

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.

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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^*

Pascal Keith

(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	28,749	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 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.

How many PAR (PAR) shares did Keith Pascal receive and at what price?

He received 11,490 shares of PAR common stock with a reported price per share of $0.0000. This reflects a stock-based compensation grant, not an open-market purchase, as part of his annual director retainer compensation.

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.