Form 4: PAR Technology CFO Bryan Menar Reports Stock Transaction

Bryan Menar, CFO of PAR Technology, reports the disposal of shares to cover tax obligations from vesting restricted stock units.

Summary

• On March 1, 2025, Bryan Menar, the Chief Financial Officer of PAR Technology Corp, disposed of 6,297 shares of common stock to cover tax obligations.
• The shares were withheld at a price of $68.71 per share.
• This transaction arose from the vesting of a portion of restricted stock units granted on March 4, 2022, March 3, 2023, and February 29, 2024.
• Following the transaction, Menar beneficially owns 48,244 shares of PAR Technology Corp.
• The total number of shares beneficially owned includes a correction of a de minimis error of 60 shares on a previously filed Form 4.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vested stock, which is a common occurrence.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

PAR Technology, Bryan Menar, CFO, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Obligations