PAR Technology Corporation filings document the regulatory record of a NYSE-listed foodservice and retail technology company. Its 8-K reports cover operating results, earnings presentations, Regulation FD disclosures, material agreements, acquisition-related equity issuance, convertible senior notes, share repurchase authorization and other capital-structure matters.
PAR's proxy materials disclose shareholder voting matters, board governance and executive compensation. Recent filings also describe common stock registered on the New York Stock Exchange, governance arrangements involving board observer rights, and completed acquisition disclosures tied to the Bridg platform and related consideration shares.
PAR Technology Corporation reported strong growth for Q4 and full-year 2025 and launched a substantial share repurchase program. Revenue reached $120.1 million in Q4 2025, up 14.4% from Q4 2024, while full-year revenue rose 30.2% to $455.5 million. Annual Recurring Revenue grew 16% year over year to $315.4 million in Q4 2025, adding $17.0 million sequentially. The company improved profitability metrics, with adjusted EBITDA increasing to $7.0 million in Q4 2025 and $23.0 million for 2025, compared with $(6.4) million in 2024, and non-GAAP diluted net income per share reaching $0.15 for 2025. PAR remains GAAP-loss making, with a 2025 net loss from continuing operations of $84.7 million, but subscription service gross margins expanded on both a GAAP and non-GAAP basis. The board authorized a share repurchase program of up to $100 million of common stock, effective through February 26, 2028, with flexibility across open-market and structured transactions.
Progeny 3, Inc. and Jon Hemingway report a 5.1% beneficial ownership stake in PAR Technology Corporation’s common stock. They are deemed to beneficially own 2,056,308 shares, with sole voting and dispositive power over these shares, held in certain managed accounts.
The reporting persons state they do not directly own the shares and each disclaims beneficial ownership, noting that the accounts have the right to receive dividends and sale proceeds. They also certify the holdings are not intended to change or influence control of PAR Technology.
PAR Technology Corporation agreed to acquire substantially all of Cardlytics' Bridg point-of-sale data analytics, loyalty marketing, and retail media network business through its DB Sub subsidiary. The purchase price is up to $30.0 million, to be paid in PAR common stock, with an expected maximum of about 950,000 shares, representing roughly 2.3% of PAR’s outstanding common stock after issuance. The exact share count will be based on the 15-day volume weighted average price before closing and adjusted for purchase price true-ups. The transaction is expected to close in the first quarter of 2026, subject to customary conditions. The consideration shares will be issued in a private placement under Securities Act exemptions, and PAR has agreed to register these shares for resale.
PAR Technology Corporation agreed to exchange approximately $17.1 million principal amount of its 2.875% Convertible Senior Notes due 2026 for about 398,650 shares of common stock, plus roughly $134,000 in accrued interest. The exchange is expected to close on January 23, 2026, subject to customary conditions. After this transaction, about $2.9 million principal amount of these notes will remain outstanding. The company will not receive cash from this private exchange, which is being conducted under a registration exemption as a non-public offering.
Voss Capital and affiliated funds report a significant stake in PAR Technology. They collectively report beneficial ownership of 4,613,198 shares of PAR Technology Corp common stock, representing about 11.37% of the outstanding shares. The ownership is held through Voss Value Master Fund, Voss Value-Oriented Special Situations Fund, Voss Advisors GP, Voss Capital, and Travis W. Cocke, with Voss Capital and Mr. Cocke each deemed to beneficially own the full 11.37% stake. The percentage is based on 40,591,032 shares outstanding as of November 4, 2025, as disclosed in PAR Technology’s Form 10-Q. The reporting persons certify that the securities are not held for the purpose of changing or influencing control of PAR Technology, other than activities solely in connection with a nomination under Rule 14a-11.
Entities associated with Voss Capital, LP reported indirect purchases of PAR Technology common stock. Managed accounts of Voss Capital bought PAR Technology Corp (PAR) shares on four trading days. On 12/30/2025 they purchased 146,789 shares at $36.51 per share, on 12/31/2025 they bought 15,348 shares at $36.5976, on 01/05/2026 they bought 8,898 shares at $35.8202, and on 01/06/2026 they bought 25,000 shares at $34.5603. After these trades, the managed accounts held 3,613,898 PAR shares indirectly reported by the group. Separately, Voss Value Master Fund, LP held 845,000 shares and Voss Value-Oriented Special Situations Fund, LP held 145,000 shares. The filing states that each reporting person is part of a group that collectively owns over 10% of PAR’s common stock and disclaims beneficial ownership beyond its pecuniary interest.
PAR Technology Corp received an initial ownership report showing a group of Voss-managed entities collectively holding over 10% of its common stock. The filing lists indirect holdings of 845,000 shares through Voss Value Master Fund, 145,000 shares through Voss Value-Oriented Special Situations Fund, and 3,417,863 shares in managed accounts of Voss Capital, all as common stock with $0.02 par value. In addition, managed accounts of Voss Capital hold a call option exercisable for 9,300 shares of common stock at $45 per share, expiring on 01/16/2026, which was already exercisable as of the reporting date. The reporting parties, including Voss Capital, affiliated funds, Voss Advisors GP, and Travis W. Cocke, collectively report these positions but each disclaims beneficial ownership beyond their pecuniary interest.
PAR Technology Corporation’s CEO and President reported an automatic sale of common stock to cover taxes from vesting equity awards. On 01/05/2026, the insider sold 3,608 shares of common stock at a weighted average price of $35.73 per share, in multiple trades between $35.49 and $36.06. After this sale, the reporting person beneficially owned 228,926 shares of PAR common stock. The company notes these sales were required under its mandatory, automatic “sell-to-cover” policy and executed under a Rule 10b5-1 trading plan adopted on June 3, 2025, meaning they were not discretionary trades.
PAR Technology Corporation insider plans to sell a small block of stock under Rule 144. A holder has filed a notice to sell 3,608 shares of PAR common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $128,908.06. The filing notes that 40,591,032 shares of common stock were outstanding. The shares to be sold were acquired from the issuer on 01/05/2026 as restricted stock units granted as equity compensation, and became payable in shares on the same date. The signer represents that they are not aware of any undisclosed material adverse information about PAR’s current or future operations.
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.