Ostertag Oliver 4
Research Summary
AI-generated summary
PAR President Oliver Ostertag Receives 66,293 RSUs
What Happened Oliver Ostertag, President, Growth & AI at PAR Technology Corp (PAR), was granted 66,293 restricted stock units (RSUs) on May 11, 2026. The award was recorded at $0.00 per share (an equity grant, not a purchase), so no cash was exchanged at grant. The filing was submitted May 13, 2026.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely filing).
- Transaction type/code: Grant/Award (A) of RSUs.
- Shares granted: 66,293 RSUs; grant price shown as $0.00.
- Vesting: Footnote indicates vesting in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
- Shares owned after transaction: Not specified in the filing.
- No 10b5-1 plan, tax withholding, or immediate sale noted in this filing.
Context RSU grants are a form of compensation that convert to shares if and when they vest; they are not the same as an open-market purchase or sale. Such awards align executive pay with company performance over time but do not necessarily indicate the insider is buying or selling stock for investment reasons.