Form 4: PAR Technology CLO Executes Stock Option Exercise

Cathy A. King, CLO and Corporate Secretary of PAR Technology Corp, exercised options and sold 20,000 shares of common stock.

Summary

• Cathy A. King, CLO and Corporate Secretary, exercised 20,000 stock options at a strike price of $5.12.
• Following the exercise, the reporting person sold 20,000 shares of common stock at a weighted average price of $15.38.
• The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025, and modified on March 3, 2026.
• The reporting person retains beneficial ownership of 122,919 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction was conducted under a pre-established 10b5-1 plan and represents standard executive equity management.

Positives

• The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating a systematic approach to equity management rather than reactive selling.

Negatives

• The transaction results in a reduction of the reporting person's direct equity stake in the company.

Risks

• Market volatility could impact the value of remaining holdings for the reporting person.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is standard corporate practice for executives managing equity-based compensation and does not typically signal a change in company fundamentals.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is a standard governance practice among U.S. publicly traded companies to avoid potential insider trading concerns.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was pre-planned and executed at market prices.

Next Steps

• None mentioned.

Key Dates

Keywords

PAR Technology, Insider Trading, Form 4, Stock Options, Equity Compensation