Form 4: Director Rauch Donates 2,000 PAR Technology Shares to Family Foundation
SEC Form 4 Filing
Douglas Gregory Rauch, a director of PAR Technology Corp, donated 2,000 shares of common stock to The Douglas and Mikele Rauch Family Foundation on August 30, 2024.
Summary
- On August 30, 2024, Douglas Gregory Rauch, a director of PAR Technology Corporation, transferred 2,000 shares of PAR common stock to The Douglas and Mikele Rauch Family Foundation, Inc.
- Following the transaction, Rauch directly owns 12,760 shares of PAR Technology Corp.
- Rauch has voting and investment power over all securities owned by the foundation.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a donation of shares. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This is a routine Form 4 filing, reflecting a change in beneficial ownership due to a donation. It doesn't necessarily reflect a broader trend in the industry.
Stakeholder Impact
- The donation of shares has a minimal impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of the transaction: Douglas Gregory Rauch transferred 2,000 shares of PAR common stock to The Douglas and Mikele Rauch Family Foundation, Inc. |
| 09/04/2024 | Date of signature by Cathy A. King, Attorney-in-Fact. |
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