Form 4: PAR Technology CHRO Receives Restricted Stock Grant

Chief Human Resources Officer Elizabeth M. Codner was granted 24,307 restricted stock units in PAR Technology Corp.

Summary

• Elizabeth M. Codner, Chief Human Resources Officer of PAR Technology Corp, acquired 24,307 shares of common stock.
• The acquisition was in the form of a restricted stock unit (RSU) grant.
• The transaction occurred on May 11, 2026.
• Following this transaction, the reporting person's total beneficial ownership is 31,442 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of executive interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting of equity is subject to continued employment, which may be impacted by future corporate performance or personnel changes.

Future Outlook

The granted restricted stock units are scheduled to vest in three equal annual installments on March 1, 2027, 2028, and 2029.

Industry Context

StockSavvy.ai notes that equity grants to C-suite executives are standard corporate governance practices designed to incentivize long-term retention and performance alignment in the technology sector.

Comparison to Industry Standards

• The use of multi-year vesting schedules (3 years in this case) is consistent with standard executive compensation practices among mid-cap technology firms.
• Granting RSUs as part of compensation packages is a common industry practice to minimize cash outflow while retaining key talent.

Stakeholder Impact

• Shareholders may view the equity grant as a standard retention mechanism for executive leadership.

Next Steps

• Vesting of the first tranche of 8,102.33 shares on March 1, 2027.

Key Dates

Keywords

PAR Technology, Insider Trading, Form 4, Equity Compensation, Executive Compensation