RUSSO CYNTHIA A 4
Research Summary
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PAR (PAR) Director Cynthia A. Russo Receives 11,490-Share Award
What Happened Cynthia A. Russo, a director of PAR Technology Corporation (PAR), was granted 11,490 restricted stock units (RSUs) on June 8, 2026. The filing reports the acquisition price as $0.00 (award/grant). This was an equity award — not a purchase or sale — issued as the equity portion of her non‑employee director annual retainer.
Key Details
- Transaction date: 2026-06-08; Transaction type/code: Award/Grant (A); Price: $0.00.
- Shares/units granted: 11,490 RSUs.
- Shares owned after transaction: Not specified in the provided filing.
- Plan and footnote: Award made under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. Footnote F1: the RSUs are time‑vesting — 100% vest on the earlier of (a) 12 months from the grant date (June 8, 2026) or (b) the Company’s 2027 annual meeting of shareholders.
- Filing timeliness: Report covers period 2026-06-08 and was filed 2026-06-10 (no late filing indicated).
Context This was a standard director compensation grant (equity retainer) that vests with time; nothing in the filing indicates immediate sale or a cashless exercise. Such awards are routine for non‑employee directors and do not by themselves signal a buy/sell sentiment.
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