PAR (PAR) CHRO Elizabeth Codner Sells 653 Shares

What Happened Elizabeth M. Codner, Chief Human Resources Officer of PAR Technology Corp (PAR), sold 653 shares of PAR common stock on 2026-09-08. The weighted-average sale price was $19.29, with transactions priced between $19.09 and $19.38, generating roughly $12,596 in proceeds. This was a sale (not a purchase) executed to cover tax withholding obligations and was not a discretionary trade by the reporting person.

Key Details

• Transaction date: 2026-09-08
• Shares sold: 653; weighted-average price: $19.29; price range: $19.09–$19.38
• Total proceeds reported: $12,596
• Reason: Mandatory sell-to-cover to satisfy tax withholding on vested restricted stock units (RSUs) granted Aug 12, 2025
• Mechanism: Sold pursuant to the company’s automatic sell-to-cover policy implemented under a Rule 10b5-1 plan; not a voluntary decision
• Additional note: The filer can provide a breakdown of the number of shares sold at each separate price upon request (per footnote)
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Timeliness: Form filed on 2026-09-08 (same date as the reported transaction)

Context Sell-to-cover transactions are common when RSUs vest and the company withholds shares for taxes; they are generally considered administrative and do not necessarily indicate the insider’s view of the company’s prospects. For retail investors, purchases or discretionary open-market buys tend to be more informative about insider sentiment than routine withholding sales.