PAR PAR TECHNOLOGY CORP
Price Chart
Executive Summary
Two PAR insiders sold shares in a cluster totaling $315K, led by the Chief Legal Officer Cathy King exercising and immediately selling 20,000 shares. The total sale value is ~0.05% of market cap, well below the 0.1% materiality threshold, making this a routine liquidity event rather than an informed sell signal.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informative. The CLO's exercise-and-sell pattern is standard for covering option costs and taxes. Monitor for any upcoming 8-K filings (earnings, material agreements, or offerings) as the cross-filing calibration shows these combos amplify cluster signals, but standalone this cluster has no actionable edge.
Key Facts
- CLO Cathy King sold 20,000 shares at $15.38 for $307,600 on June 2, 2026, after exercising derivatives at $5.12/share and $0/share
- SVP Finance Michael Steenberge sold 498 shares at $14.20 for $7,072 on June 3, 2026
- Total cluster sale value of $315K represents ~0.05% of PAR's $584M market cap
- King's sale is a same-day exercise-and-sell pattern, typical of tax/vesting-related liquidity, not a bearish signal
Financial Impact
Total insider sales of $315K, negligible relative to $584M market cap
Risk Factors
- Insider selling could accelerate if the stock rallies, but current volume is too small to indicate bearish conviction
- No material insider buying to offset the selling — lack of bullish insider signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PAR-1780605937295 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $14.52 awaiting T+1 | awaiting T+1 | — | $14.90 (+2.62%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $14.54 awaiting T+1 | awaiting T+1 | — | $14.90 (+2.48%) |
|
Jun 3, 2026
9d ago
|
8-K
| $14.51 $13.46 | ▼ −7.24% | ▼ −4.66% | $14.90 (+2.69%) |
|
Apr 16, 2026
8w ago
|
DEFA14A
| $13.60 $14.18 | ▲ +4.26% | ▲ +3.05% | $14.90 (+9.56%) |
|
Apr 15, 2026
8w ago
|
8-K
| $13.60 $14.18 | ▲ +4.26% | ▲ +3.05% | $14.90 (+9.56%) |
|
Mar 26, 2026
11w ago
|
S-3ASR
| $12.81 $12.83 | ▲ +0.16% | ▲ +0.51% | $14.90 (+16.32%) |
|
Mar 3, 2026
14w ago
|
Insider Cluster
| $17.53 $18.67 | ▲ +6.50% | ▲ +5.74% | $14.90 (−15.00%) |
US Market Status
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