Pascal Keith 4

What Happened

Pascal Keith, a director of PAR Technology Corporation (PAR), received an award of 11,490 restricted stock units (RSUs) on June 8, 2026. The grant was reported at $0.00 per share (no cash paid). This was an equity grant (award), not a purchase or sale of shares.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (no late filing flagged).
• Grant: 11,490 RSUs at $0.00 per share; total reported cash value $0.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: Equity portion of non-employee director annual retainer for term commencing May 29, 2026, granted under the company’s 2015 Equity Incentive Plan (see F1).
• Vesting: 100% vests on the earlier of (a) 12 months from the grant date (June 8, 2026) or (b) the date of PAR’s 2027 annual meeting of shareholders.

Context

This is a routine compensation grant for a non-employee director (an annual equity retainer), not an open-market trade. RSUs typically convert to shares only upon vesting, so they do not represent immediately transferable stock. Such awards are common for board compensation and do not by themselves indicate the director is buying or selling shares.