---
schema_version: "secwatch.filing_event.v1"
accession: "0000708821-24-000017"
form_type: "8-K/A"
ticker: "PAR"
cik: "0000708821"
company_name: "PAR TECHNOLOGY CORP"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:50:49.278581+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PAR Tech discloses separation terms for former CPTO Raju Malhotra including $138,667 severance

## Summary
- Raju Malhotra receives $138,667 (4 months base salary) plus 2 months COBRA medical coverage.
- Malhotra will receive earned FY2023 short-term incentive bonus per company STI program.
- Time-based and performance-based equity awards vesting in Feb/Mar 2024 are accelerated; remaining unvested awards terminated.
- Annual meeting of shareholders scheduled for Monday, June 3, 2024.

## SEC filing metadata
- accession: 0000708821-24-000017
- form_type: 8-K/A
- ticker: PAR
- cik: 0000708821
- company_name: PAR TECHNOLOGY CORP
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/708821/000070882124000017/0000708821-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/708821/000070882124000017/par-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000708821-24-000017
- JSON: https://secwatch.observer/filing/0000708821-24-000017.json
- Plain text: https://secwatch.observer/filing/0000708821-24-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.