Rauch Douglas Gregory 4

What Happened

• Douglas Gregory Rauch, a non-employee director of PAR Technology Corp (PAR), was granted 11,490 restricted stock units (RSUs) on June 8, 2026. The reported acquisition price is $0.00 (an equity award rather than a cash purchase), so immediate cash value is not recorded on the Form 4.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (appears timely).
• Transaction type/code: A = Award/Grant (time‑vesting RSUs).
• Shares granted: 11,490 RSUs; price reported: $0.00.
• Vesting: 100% of the RSUs vest on the earlier of (a) 12 months from the grant date (i.e., June 8, 2027) or (b) the date of the Company’s 2027 annual meeting of shareholders (per footnote F1).
• Plan: Award made under the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan.
• Shares owned after transaction: Not reported in the summary provided on this filing.
• No tax‑withholding, 10b5‑1 plan, or sale related to this grant was indicated.

Context

• RSUs are a form of compensation that convert into shares if and when they vest; they are not the same as an open‑market purchase and do not necessarily reflect a director’s buying/selling sentiment. This grant appears to be the equity portion of the annual retainer for a non‑employee director and is routine compensation.