SEC Form 4 · accession 0002060757-26-000036
PAR TECHNOLOGY CORP · PAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Voss Capital, LP
10% Owner
Voss Advisors GP, LLC
10% Owner
Travis W. Cocke
10% Owner
Voss Value Master Fund, LP
10% Owner
Period of report
Jun 11, 2026
Accepted (ET)
Jun 15, 2026 · 8:23 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000708821
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 22,260 | $14.4457 | A | 4,797,260 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 23,745 | $14.4457 | A | 4,821,005 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 5,936 | $14.4457 | A | 4,826,941 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 21,429 | $14.0128 | A | 4,848,370 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 22,857 | $14.0128 | A | 4,871,227 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 5,714 | $14.0128 | A | 4,876,941 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 39,347 | $14.0488 | A | 4,916,288 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 41,970 | $14.0488 | A | 4,958,258 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 11, 2026 | P | 10,493 | $14.0488 | A | 4,968,751 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 60,012 | $14.9007 | A | 5,028,763 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 6,429 | $14.3449 | A | 5,035,192 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 523 | $14.9766 | A | 5,035,715 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 64,013 | $14.9007 | A | 5,099,728 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 16,004 | $14.9007 | A | 5,115,732 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 6,857 | $14.3449 | A | 5,122,589 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 1,714 | $14.3449 | A | 5,124,303 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 558 | $14.9766 | A | 5,124,861 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F4 | Jun 12, 2026 | P | 139 | $14.9766 | A | 5,125,000 | I | By: Managed Accounts of Voss Capital, LP |
| Common Stock, $0.02 par valueF1,F2 | holding | — | — | — | 925,000 | I | By: Voss Value Master Fund, L.P. | |
| Common Stock, $0.02 par valueF1,F3 | holding | — | — | — | 150,000 | I | By: Voss Value-Oriented Special Situations Fund, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Option (right to buy)F4,F5,F1 | $25.00 | holding | — | — | — | — | Jul 17, 2026 | Common Stock, $0.02 par value | 46,400 | 464 | I |
Explanation of responses
- F1This 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.
- F2Securities 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.
- F3Securities 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.
- F4Securities 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 held in 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.
- F5Such call options were immediately exercisable upon their acquisition.