[Form 4] PAR Technology Corp. Insider Trading Activity

Rhea-AI Filing Summary

Singh Savneet, who is listed as CEO & President and a director of PAR Technology Corp. (PAR), reported changes in beneficial ownership on a Form 4 dated 08/15/2025. The filing discloses transactions on 08/13/2025 showing dispositions: 176,891 shares (Code G(1)) reported at $0 and an additional 232,534 shares disposed, with an explanatory note that the 176,891-share transfer "represents a bona fide gift of shares to an entity controlled by irrevocable trusts administered by an independent trustee." The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Insights

Securities Analyst

TL;DR: Insider reported large share dispositions, partly as a documented gift to irrevocable trusts, which is a notable non-sale transfer.

The Form 4 shows material share movements by the CEO & President on 08/13/2025. One disposition is explicitly described as a bona fide gift to entities controlled by irrevocable trusts, indicating estate or succession planning rather than an open-market sale for cash. The filing includes two disposition entries: 176,891 shares (Code G(1), $0) and 232,534 shares. The presence of an attorney-in-fact signature is routine for administrative filings but confirms the transaction reporting.

Corporate Governance Expert

TL;DR: Large transfers from a named executive can affect perceived insider alignment; documented gift reduces ambiguity about motives.

The disclosure clarifies that at least one transfer was a gift to trust-controlled entities administered by an independent trustee, which is a governance-relevant detail because it differentiates between market disposals and transfers for estate planning. The filing does not state any open-market sale price or proceeds; the Code G(1) entry is reported at $0 consistent with a gift. No additional context about retained indirect ownership or control changes is provided in the document.

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

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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^*

Singh Savneet

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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	08/13/2025		G(1)		176,891	D	$0	232,534	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. Represents a bona fide gift of shares to an entity controlled by irrevocable trusts administered by an independent trustee.

Remarks:

	/s/ Cathy A. King, Attorney-in-Fact	08/15/2025
	** 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).
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