PAR Technology (NYSE: PAR) director receives 11,490 RSUs as retainer award

Rhea-AI Filing Summary

Rauch Douglas Gregory reported acquisition or exercise transactions in this Form 4 filing.

PAR Technology Corp director Douglas Gregory Rauch received an equity grant as part of his annual board retainer. On June 8, 2026 he was awarded 11,490 time-vesting restricted stock units at no cash cost, 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 company’s 2027 annual shareholder meeting. Following this award, he directly holds 25,980 shares of common stock, reflecting routine, compensation-related equity rather than an open‑market purchase.

Insights

Executive compensation analyst

Routine director equity grant; compensation-driven, not an open-market buy.

Director Douglas Gregory Rauch received 11,490 restricted stock units as the equity portion of his non-employee director retainer. The award carries a zero cash exercise price and vests in full on the earlier of 12 months from June 8, 2026 or the 2027 annual meeting.

This is standard board compensation rather than a discretionary stock purchase, so it offers limited signal about his near-term view of PAR Technology Corp. After the grant, his direct holdings total 25,980 common shares, suggesting the award is modest in size relative to typical board-level equity stakes.

Future company disclosures may clarify how director equity levels evolve over subsequent board terms, but this specific grant appears consistent with routine governance and compensation practices.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rauch Douglas Gregory

Role null

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

Holdings After Transaction: Common Stock — 25,980 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 11,490 units Grant price: $0.0000 per share Post-grant holdings: 25,980 shares +1 more

4 metrics

RSU grant size 11,490 units Equity portion of non-employee director annual retainer granted June 8, 2026

Grant price $0.0000 per share Reported transaction price per share for the RSU award

Post-grant holdings 25,980 shares Total common shares directly held after the transaction

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

Key Terms

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

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"

grant date financial

"12-months from June 8, 2026, the grant date, and (b) the date"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

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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^*

Rauch Douglas Gregory

(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	25,980	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 Douglas Gregory Rauch receive in this Form 4 filing?

Douglas Gregory Rauch received 11,490 restricted stock units as the equity portion of his non-employee director annual retainer. The units were granted at no cash cost under PAR Technology’s 2015 Equity Incentive Plan and represent routine board compensation rather than an open-market purchase.

When do the new RSUs for PAR (PAR) director Douglas Rauch vest?

All 11,490 restricted stock units vest 100% on the earlier of 12 months from the June 8, 2026 grant date or the date of PAR Technology’s 2027 annual shareholder meeting. This single cliff-vesting schedule ties the award to the director’s upcoming board service term.

How many PAR (PAR) shares does Douglas Gregory Rauch hold after this transaction?

After the June 8, 2026 grant, Douglas Gregory Rauch directly holds 25,980 shares of PAR Technology common stock. This total reflects his updated equity position reported in the Form 4 and includes the impact of the newly awarded director compensation shares.

Was cash paid for the PAR (PAR) RSU grant reported by director Douglas Rauch?

No cash was paid for the 11,490 restricted stock units; the transaction price per share is reported as $0.0000. The award is part of his non-employee director annual retainer, granted under the company’s equity incentive plan as stock-based compensation instead of cash.

Is the PAR (PAR) Form 4 for Douglas Rauch an open-market stock purchase?

No, the Form 4 reports a grant of 11,490 restricted stock units as compensation, not an open-market purchase. The award is the equity portion of his annual director retainer and vests based on service, making it a routine governance and compensation event for PAR Technology.