Voss Capital, LP - 14 Jan 2026 Form 4 Insider Report for PAR TECHNOLOGY CORP (PAR)

Role
10%+ Owner
Signature
Voss Capital, LP; By: /s/ Travis W. Cocke, Managing Member
Issuer symbol
PAR
Transactions as of
14 Jan 2026
Net transactions value
+$14,669,703
Form type
4
Filing time
05 Mar 2026, 19:21:07 UTC
Previous filing
07 Jan 2026
Next filing
18 Feb 2026

Reporting Owners (5)

Name Relationship Address Signature Signature date CIK
Voss Capital, LP 10%+ Owner 3773 RICHMOND AVENUE, SUITE 500, HOUSTON Voss Capital, LP; By: /s/ Travis W. Cocke, Managing Member 05 Mar 2026 0001730145
Voss Value Master Fund, LP 10%+ Owner 3773 RICHMOND AVENUE, SUITE 500, HOUSTON Voss Value Master Fund, LP; By: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 05 Mar 2026 0001969435
Voss Value-Oriented Special Situations Fund, LP 10%+ Owner 3773 RICHMOND AVENUE, SUITE 500, HOUSTON Voss Value-Oriented Special Situations Fund, LP; By: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 05 Mar 2026 0001863498
Voss Advisors GP, LLC 10%+ Owner 3773 RICHMOND AVENUE, SUITE 500, HOUSTON Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 05 Mar 2026 0001798309
Cocke Travis W. 10%+ Owner 3773 RICHMOND AVENUE, SUITE 500, HOUSTON /s/ Travis W. Cocke 05 Mar 2026 0001798383

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAR Common Stock, $0.02 par value Purchase $1,604,622 +41,034 +1.1% $39.10 3,654,932 14 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4
transaction PAR Common Stock, $0.02 par value Purchase $1,949,353 +50,068 +1.4% $38.93 3,705,000 15 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4, F5
transaction PAR Common Stock, $0.02 par value Purchase $317,142 +10,000 +0.27% $31.71 3,715,000 23 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4
transaction PAR Common Stock, $0.02 par value Purchase $2,427,192 +85,000 +2.3% $28.56 3,800,000 27 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4, F6
transaction PAR Common Stock, $0.02 par value Purchase $2,669,184 +90,000 +2.4% $29.66 3,890,000 27 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4, F7
transaction PAR Common Stock, $0.02 par value Purchase $56,037 +2,138 +0.05% $26.21 3,892,138 30 Jan 2026 By: Managed Accounts of Voss Capital, LP F1, F4
transaction PAR Common Stock, $0.02 par value Purchase $3,592,245 +157,862 +4.1% $22.76 4,050,000 03 Feb 2026 By: Managed Accounts of Voss Capital, LP F1, F4, F8
transaction PAR Common Stock, $0.02 par value Purchase $593,108 +25,000 +0.62% $23.72 4,075,000 03 Feb 2026 By: Managed Accounts of Voss Capital, LP F1, F4
transaction PAR Common Stock, $0.02 par value Purchase $1,109,995 +50,000 +1.2% $22.20 4,125,000 04 Feb 2026 By: Managed Accounts of Voss Capital, LP F1, F4, F9
transaction PAR Common Stock, $0.02 par value Purchase $350,826 +15,100 +0.37% $23.23 4,140,100 04 Feb 2026 By: Managed Accounts of Voss Capital, LP F1, F4
holding PAR Common Stock, $0.02 par value 845,000 14 Jan 2026 By: Voss Value Master Fund, L.P. F1, F2
holding PAR Common Stock, $0.02 par value 145,000 14 Jan 2026 By: Voss Value-Oriented Special Situations Fund, L.P. F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAR Call Option (right to buy) Purchase +1 $1.00* 1 28 Jan 2026 Common Stock, $0.02 par value 100 $40.00 By: Voss Value-Oriented Special Situations Fund, L.P. F1, F3, F10
transaction PAR Call Option (right to buy) Purchase +2,500 $0.5000* 2,500 03 Feb 2026 Common Stock, $0.02 par value 250,000 $35.00 By: Managed Accounts of Voss Capital, LP F1, F4, F10
transaction PAR Call Option (right to buy) Purchase +464 $3.50* 464 03 Feb 2026 Common Stock, $0.02 par value 46,400 $25.00 By: Managed Accounts of Voss Capital, LP F1, F4, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Voss Value Master Fund, LP ("Voss Value Master Fund"), Voss Value-Oriented Special Situations Fund, LP ("Voss Value-Oriented Special Situations Fund"), Voss Advisors GP, LLC ("Voss GP"), Voss Capital, LP ("Voss Capital") and Travis W. Cocke (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2 Securities owned directly by Voss Value Master Fund. Voss GP, as the general partner of Voss Value Master Fund, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund. Voss Capital, as the investment manager of Voss Value Master Fund, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund. Mr. Cocke, as the managing member of Voss Capital and Voss GP, may be deemed to beneficially own the securities owned directly by Voss Value Master Fund.
F3 Securities owned directly by Voss Value-Oriented Special Situations Fund. Voss GP, as the general partner of Voss Value-Oriented Special Situations Fund, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund. Voss Capital, as the investment manager of Voss Value-Oriented Special Situations Fund, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund. Mr. Cocke, as the managing member of Voss Capital and Voss GP, may be deemed to beneficially own the securities owned directly by Voss Value-Oriented Special Situations Fund.
F4 Securities held in certain accounts separately managed by Voss Capital (the "Voss Managed Accounts"). Voss Capital, as the investment manager of the Voss Managed Accounts, may be deemed to beneficially own the securities heldin the Voss Managed Accounts. Mr. Cocke, as the managing member of Voss Capital, may be deemed to beneficially own the securities held in the Voss Managed Accounts.
F5 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $38.5582 to $39.3089, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F6 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.0913 to $28.8786, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F7 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.5665 to $29.6915, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F8 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.4856 to $23.3151, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F9 Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.1347 to $22.2650, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F10 Such call options were immediately exercisable upon their acquisition.