Form 4: PAR Technology Corp: Chief Accounting Officer Michael Steenberge Reports Acquisition of Restricted Stock Units

Michael Steenberge, Chief Accounting Officer of PAR Technology Corp, reports the acquisition of 8,520 restricted stock units.

Summary

• On March 5, 2025, Michael Anthony Steenberge, Chief Accounting Officer of PAR Technology Corp, reported a transaction.
• Steenberge acquired 8,520 shares of Common Stock through the 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 reported transaction, Steenberge beneficially owns 28,864 shares of PAR Technology Corp.
• The transaction was reported on March 7, 2025, by Cathy A. King, Attorney-in-Fact.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.

Positives

• The grant of restricted stock units to a key executive aligns their interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies as part of executive compensation packages. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units as a positive sign, aligning management's interests with the company's long-term success.

Key Dates