X0609 4 2026-05-14 0 0000708821 PAR TECHNOLOGY CORP PAR 0001730145 Voss Capital, LP false 3773 RICHMOND AVENUE SUITE 500 HOUSTON TX 77046 0 0 1 0 0001969435 Voss Value Master Fund, LP false 3773 RICHMOND AVENUE, SUITE 500 HOUSTON TX 77046 0 0 1 0 0001863498 Voss Value-Oriented Special Situations Fund, LP false 3773 RICHMOND AVENUE SUITE 500 HOUSTON TX 77046 0 0 1 0 0001798309 Voss Advisors GP, LLC false 3773 RICHMOND AVENUE, SUITE 500 HOUSTON TX 77046 0 0 1 0 0001798383 Cocke Travis W. false 3773 RICHMOND AVENUE, SUITE 500 HOUSTON TX 77046 0 0 1 0 0 Common Stock, $0.02 par value 2026-05-14 4 P 0 16179 14.6454 A 861179 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 11321 14.4987 A 872500 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 11321 14.4987 A 883821 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 16179 14.6454 A 900000 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-15 4 P 0 2500 14.6712 A 902500 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-15 4 P 0 10000 14.6131 A 912500 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-15 4 P 0 2500 14.6712 A 915000 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-15 4 P 0 10000 14.6131 A 925000 I By: Voss Value Master Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 2942 14.6454 A 147942 I By: Voss Value-Oriented Special Situations Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 2058 14.4987 A 150000 I By: Voss Value-Oriented Special Situations Fund, L.P. Common Stock, $0.02 par value 2026-05-14 4 P 0 10292 14.4987 A 4150392 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 45242 14.4987 A 4195634 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 133791 14.4987 A 4329425 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 19554 14.4987 A 4348979 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 11321 14.4987 A 4360300 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 14708 14.6454 A 4375008 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 64658 14.6454 A 4439666 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 191209 14.6454 A 4630875 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 27946 14.6454 A 4658821 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-14 4 P 0 16179 14.6454 A 4675000 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-15 4 P 0 20000 14.6712 A 4695000 I By: Managed Accounts of Voss Capital, LP Common Stock, $0.02 par value 2026-05-15 4 P 0 80000 14.6131 A 4775000 I By: Managed Accounts of Voss Capital, LP Call Option (right to buy) 25 2026-07-17 Common Stock, $0.02 par value 46400 464 I By: Managed Accounts of Voss Capital, LP This 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. Securities 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. Securities 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. Securities 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. Such call options were immediately exercisable upon their acquisition. Voss Capital, LP; By: /s/ Travis W. Cocke, Managing Member 2026-05-18 Voss Value Master Fund, LP; By: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 2026-05-18 Voss Value-Oriented Special Situations Fund, LP; By: Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 2026-05-18 Voss Advisors GP, LLC; By: /s/ Travis W. Cocke, Managing Member 2026-05-18 /s/ Travis W. Cocke 2026-05-18