{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-21-039783","form_type":"8-K","ticker":"PAR","cik":"0000708821","company_name":"PAR TECHNOLOGY CORP","filed_at":"2021-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.316133+00:00","generated_at":"2026-06-28T04:58:42.742450+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"PAR Technology subsidiary president resigns; Michael Nelson appointed new President of PAR Government","bullets":["Matthew Cicchinelli resigned as President of PAR Government effective Nov 29, 2021; will serve as senior advisor through Jan 15, 2022.","Michael Nelson appointed President effective Nov 30, 2021; previously VP at Riverside Research Institute since 2001.","Nelson receives $325,000 base salary, STI target 40% of base, LTI target 20% of base, and $135,000 signing bonus with one-year clawback.","Severance: 4 months base salary without cause; 6 months if termination without cause in connection with change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-21-039783","json":"https://secwatch.observer/filing/0001140361-21-039783.json","markdown":"https://secwatch.observer/filing/0001140361-21-039783.md","text":"https://secwatch.observer/filing/0001140361-21-039783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/708821/000114036121039783/0001140361-21-039783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/708821/000114036121039783/brhc10031309_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T04:58:42.742450+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d804f37981","claim":"Matthew Cicchinelli resigned as President of PAR Government Systems Corporation at PAR TECHNOLOGY CORP.","evidence_excerpt":"Matthew Cicchinelli resigned as President of PAR Government Systems Corporation (“PAR Government”) effective end of business Monday, November 29, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/708821/000114036121039783/0001140361-21-039783-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President of PAR Government Systems Corporation"}],"fact_type":"executive_change"},{"claim_id":"ef73e24d5c","claim":"Michael Nelson was appointed as President of PAR Government at PAR TECHNOLOGY CORP.","evidence_excerpt":"Effective November 30, 2021, Michael Nelson (age 50) became the new President of PAR Government.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/708821/000114036121039783/0001140361-21-039783-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of PAR Government"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}