Form 4: PAR Technology CFO Bryan Menar Receives Stock Grant

Bryan Menar, CFO of PAR Technology Corp, reports the acquisition of 23,237 shares of common stock through a restricted stock unit grant.

Summary

• On March 5, 2025, Bryan A. Menar, the Chief Financial Officer of PAR Technology Corp, acquired 23,237 shares of common stock.
• This acquisition was a grant of restricted stock units.
• These restricted stock units vest in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
• Following the transaction, Menar directly owns 71,481 shares of PAR Technology Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The stock grant is a standard practice and suggests confidence in the company's future performance. It's a routine filing, but the alignment of management and shareholder interests is generally viewed favorably.

Positives

• The grant of restricted stock units to the CFO aligns his interests with those of the shareholders, incentivizing him to improve the company's performance.

Future Outlook

The restricted stock units vest over a three-year period, suggesting a long-term commitment from the CFO.

Industry Context

Stock grants are a common form of executive compensation in the technology industry, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• Comparing PAR Technology's executive compensation practices to those of similar companies like NCR Corporation or Toast, Inc. would provide a benchmark for assessing the competitiveness and appropriateness of the stock grant.
• Analyzing the vesting schedules and grant sizes relative to company performance metrics would further contextualize the significance of this transaction.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns the CFO's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the management team.

Key Dates