{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-029413","form_type":"8-K","ticker":"PAR","cik":"0000708821","company_name":"PAR TECHNOLOGY CORP","filed_at":"2024-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.731747+00:00","generated_at":"2026-06-01T05:25:10.135612+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PAR Technology sells PGSC to Booz Allen for $95M, agrees to sell RRC for $7M","bullets":["Completed sale of PGSC to Booz Allen Hamilton for $95M cash on June 7, 2024.","Signed agreement to sell RRC to NexTech Solutions Holdings for $7M; expected close Q2 2024.","Combined proceeds of $102M from divestiture of government operating segment.","Michael D. Nelson, PGSC President, ceases as named executive officer effective closing.","PAR intends to reinvest capital into core restaurant technology business."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-029413","json":"https://secwatch.observer/filing/0001140361-24-029413.json","markdown":"https://secwatch.observer/filing/0001140361-24-029413.md","text":"https://secwatch.observer/filing/0001140361-24-029413.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/708821/000114036124029413/0001140361-24-029413-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/708821/000114036124029413/ef20030854_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:25:10.135612+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":"9d9477c7ef","claim":"Michael D. Nelson departed as President of PGSC at PAR TECHNOLOGY CORP.","evidence_excerpt":"Effective as of the Signing/Closing Date, Michael D. Nelson, President of PGSC, ceased to be a named executive officer of PAR.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/708821/000114036124029413/0001140361-24-029413-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to be a named executive officer"},{"label":"Role","value":"President of PGSC"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}