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Park Dental Partners (PARK) CFO reports 53,833 restricted shares in insider filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Park Dental Partners, Inc. director and Chief Financial Officer Christopher Bernander filed an initial insider ownership report showing beneficial ownership of 53,833 shares of common stock, all in the form of restricted stock. These restricted shares vest 25% upon completion of the company’s initial public offering and then 6.25% each quarter thereafter. The award is also subject to accelerated vesting in connection with a change in control under the company’s 2023 Restricted Stock Plan and the related award agreement. The restricted stock does not carry voting rights until the shares vest and Bernander becomes the record owner of those vested shares.

Positive

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Negative

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Bernander Christopher James

(Last) (First) (Middle)
2200 COUNTY ROAD C WEST
SUITE 2210

(Street)
ROSEVILLE MN 55113

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/02/2025
3. Issuer Name and Ticker or Trading Symbol
Park Dental Partners, Inc. [ PARK ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1) 53,833 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 53,833 shares of restricted stock issued to the Reporting Person (the "Restricted Stock"), which shares vest as follows: (i) 25% on the completion of the Issuer's initial public offering; and (ii) thereafter, at the rate of 6.25% per quarter. The Restricted Stock is subject to accelerated vesting in connection with a change in control of the Issuer in accordance with the terms of the Park Dental Partners, Inc. 2023 Restricted Stock Plan and the applicable award agreement. The Restricted Stock does not confer any voting rights until the applicable shares have vested and the holder of Restricted Stock has become the record owner of such vested shares.
/s/ Maxwell Black as Attorney-in-Fact for Christopher Bernander 12/02/2025
** 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 5 (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.

FAQ

What insider position is disclosed for Park Dental Partners (PARK)?

The filing shows that Christopher Bernander is both a director and the Chief Financial Officer of Park Dental Partners, Inc., and this is his initial statement of beneficial ownership.

How many Park Dental Partners (PARK) shares does Christopher Bernander beneficially own?

Christopher Bernander beneficially owns 53,833 shares of common stock, all reported as restricted stock granted to him.

What are the vesting terms of Christopher Bernander’s restricted stock in PARK?

The 53,833 restricted shares vest as follows: 25% vests upon completion of Park Dental Partners’ initial public offering, and the remaining shares vest at a rate of 6.25% per quarter thereafter.

Does Christopher Bernander’s restricted stock in Park Dental Partners have accelerated vesting?

Yes. The restricted stock is subject to accelerated vesting in connection with a change in control of Park Dental Partners, as provided in the company’s 2023 Restricted Stock Plan and the applicable award agreement.

Do the restricted shares held by Christopher Bernander currently have voting rights in PARK?

No. The filing states that the restricted stock does not confer any voting rights until the applicable shares have vested and Bernander has become the record owner of those vested shares.

Is Christopher Bernander’s ownership in Park Dental Partners held directly or indirectly?

The 53,833 shares of common stock are reported as held with direct ownership by Christopher Bernander.

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