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

Reporting relationship: 10%+ Owner
Issuer ticker: PAR
Reported as of: 14 Jan 2026
Net transaction value: +$14,669,703
SEC form: 4
Accepted by SEC: 05 Mar 2026, 19:21:07 UTC
Prior SEC filing: 07 Jan 2026
Next SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: Voss Capital, LP; By: /s/ Travis W. Cocke, Managing Member

Key filing fact

Voss Capital, LP filed Form 4 for PAR TECHNOLOGY CORP (PAR) on 05 Mar 2026.

Key facts

This page summarizes Voss Capital, LP's Form 4 filing for PAR TECHNOLOGY CORP (PAR).
13 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 05 Mar 2026, 19:21.

Change

Previous filing in this sequence was filed on 07 Jan 2026.
Current net transaction value: +$14,669,703.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (5)

CIK 0001730145 Primary reporting owner

Voss Capital, LP

Relationship: 10%+ Owner
Address: 3773 RICHMOND AVENUE, SUITE 500, HOUSTON
Signature: Voss Capital, LP; By: /s/ Travis W. Cocke, Managing Member
Signature date: 05 Mar 2026

CIK 0001969435

Voss Value Master Fund, LP

Relationship: 10%+ Owner
Address: 3773 RICHMOND AVENUE, SUITE 500, HOUSTON
Signature: Voss Value Master Fund, LP; By: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member
Signature date: 05 Mar 2026

CIK 0001863498

Voss Value-Oriented Special Situations Fund, LP

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

CIK 0001798309

Voss Advisors GP, LLC

Relationship: 10%+ Owner
Address: 3773 RICHMOND AVENUE, SUITE 500, HOUSTON
Signature: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member
Signature date: 05 Mar 2026

CIK 0001798383

Cocke Travis W.

Relationship: 10%+ Owner
Address: 3773 RICHMOND AVENUE, SUITE 500, HOUSTON
Signature: /s/ Travis W. Cocke
Signature date: 05 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $1,604,622
Shares: +41,034
Change %: +1.1%
Price: $39.10
Shares after: 3,654,932
Date: 14 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $1,949,353
Shares: +50,068
Change %: +1.4%
Price: $38.93
Shares after: 3,705,000
Date: 15 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4, F5

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $317,142
Shares: +10,000
Change %: +0.27%
Price: $31.71
Shares after: 3,715,000
Date: 23 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $2,427,192
Shares: +85,000
Change %: +2.3%
Price: $28.56
Shares after: 3,800,000
Date: 27 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4, F6

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $2,669,184
Shares: +90,000
Change %: +2.4%
Price: $29.66
Shares after: 3,890,000
Date: 27 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4, F7

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $56,037
Shares: +2,138
Change %: +0.05%
Price: $26.21
Shares after: 3,892,138
Date: 30 Jan 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $3,592,245
Shares: +157,862
Change %: +4.1%
Price: $22.76
Shares after: 4,050,000
Date: 03 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4, F8

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $593,108
Shares: +25,000
Change %: +0.62%
Price: $23.72
Shares after: 4,075,000
Date: 03 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $1,109,995
Shares: +50,000
Change %: +1.2%
Price: $22.20
Shares after: 4,125,000
Date: 04 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4, F9

PAR transaction

Common Stock, $0.02 par value

Purchase

Transaction value: $350,826
Shares: +15,100
Change %: +0.37%
Price: $23.23
Shares after: 4,140,100
Date: 04 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Footnotes: F1, F4

PAR holding

Common Stock, $0.02 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 845,000
Date: 14 Jan 2026
Ownership: By: Voss Value Master Fund, L.P.
Footnotes: F1, F2

PAR holding

Common Stock, $0.02 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 145,000
Date: 14 Jan 2026
Ownership: By: Voss Value-Oriented Special Situations Fund, L.P.
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PAR transaction Derivative

Call Option (right to buy)

Purchase

Transaction value
Shares: +1
Change %
Price: $1.00^*
Shares after: 1
Date: 28 Jan 2026
Ownership: By: Voss Value-Oriented Special Situations Fund, L.P.
Underlying class: Common Stock, $0.02 par value
Underlying amount: 100
Exercise price: $40.00
Footnotes: F1, F3, F10

PAR transaction Derivative

Call Option (right to buy)

Purchase

Transaction value
Shares: +2,500
Change %
Price: $0.5000^*
Shares after: 2,500
Date: 03 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Underlying class: Common Stock, $0.02 par value
Underlying amount: 250,000
Exercise price: $35.00
Footnotes: F1, F4, F10

PAR transaction Derivative

Call Option (right to buy)

Purchase

Transaction value
Shares: +464
Change %
Price: $3.50^*
Shares after: 464
Date: 03 Feb 2026
Ownership: By: Managed Accounts of Voss Capital, LP
Underlying class: Common Stock, $0.02 par value
Underlying amount: 46,400
Exercise price: $25.00
Footnotes: F1, F4, F10

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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.

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.

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.

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.

Footnote F10

Such call options were immediately exercisable upon their acquisition.