PAR Tech Reports Officer Changes, Bylaw Amendments on Feb 8
Ticker: PAR · Form: 8-K · Filed: Feb 14, 2024 · CIK: 708821
| Field | Detail |
|---|---|
| Company | Par Technology Corp (PAR) |
| Form Type | 8-K |
| Filed Date | Feb 14, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, management-change, bylaw-amendment
TL;DR
**PAR Technology reported officer changes and bylaw amendments on Feb 8th, signaling potential corporate governance shifts.**
AI Summary
PAR Technology Corporation filed an 8-K on February 14, 2024, reporting events that occurred on February 8, 2024. The filing indicates changes related to the departure, election, or appointment of certain officers, as well as compensatory arrangements for officers. Additionally, the company reported amendments to its Articles of Incorporation or Bylaws and a potential change in its fiscal year. No specific names of officers or dollar amounts were detailed in this initial filing snippet.
Why It Matters
Changes in leadership and corporate governance can signal strategic shifts or operational adjustments, potentially impacting the company's future direction and shareholder rights.
Risk Assessment
Risk Level: medium — Changes in leadership and corporate governance can introduce uncertainty or alter the company's strategic path and shareholder protections.
Key Players & Entities
- PAR Technology Corporation (company) — registrant
FAQ
What was the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was February 8, 2024.
What types of events did PAR Technology Corporation report in this 8-K?
PAR Technology Corporation reported events related to the departure, election, or appointment of certain officers, compensatory arrangements of certain officers, amendments to Articles of Incorporation or Bylaws, and a change in fiscal year.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 14, 2024.
What is the full name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is PAR Technology Corporation.
What is PAR Technology Corporation's state of incorporation?
PAR Technology Corporation's state of incorporation is Delaware.
Filing Stats: 627 words · 3 min read · ~2 pages · Grade level 14.4 · Accepted 2024-02-14 16:16:01
Filing Documents
- par-20240208.htm (8-K) — 28KB
- par-amendedrestatedbylaw.htm (EX-3.1) — 71KB
- par-20240208_g1.jpg (GRAPHIC) — 41KB
- par-amendedrestatedbylaw001.jpg (GRAPHIC) — 261KB
- par-amendedrestatedbylaw002.jpg (GRAPHIC) — 302KB
- par-amendedrestatedbylaw003.jpg (GRAPHIC) — 337KB
- par-amendedrestatedbylaw004.jpg (GRAPHIC) — 330KB
- par-amendedrestatedbylaw005.jpg (GRAPHIC) — 336KB
- par-amendedrestatedbylaw006.jpg (GRAPHIC) — 325KB
- par-amendedrestatedbylaw007.jpg (GRAPHIC) — 310KB
- par-amendedrestatedbylaw008.jpg (GRAPHIC) — 318KB
- par-amendedrestatedbylaw009.jpg (GRAPHIC) — 344KB
- par-amendedrestatedbylaw010.jpg (GRAPHIC) — 315KB
- par-amendedrestatedbylaw011.jpg (GRAPHIC) — 338KB
- par-amendedrestatedbylaw012.jpg (GRAPHIC) — 234KB
- par-amendedrestatedbylaw013.jpg (GRAPHIC) — 116KB
- 0000708821-24-000006.txt ( ) — 5670KB
- par-20240208.xsd (EX-101.SCH) — 2KB
- par-20240208_lab.xml (EX-101.LAB) — 26KB
- par-20240208_pre.xml (EX-101.PRE) — 13KB
- par-20240208_htm.xml (XML) — 3KB
03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On February 8, 2024, the Board of Directors (the "Board") of the Company amended and restated the Bylaws of the Company to implement certain updates, as well as to make certain administrative, clarifying and conforming changes. The amended and restated Bylaws took effect upon adoption. In addition to making certain administrative, clarifying and conforming changes, the amendments to the Bylaws updated several provisions to reflect various updates of the General Corporation Law of the State of Delaware, including (i) clarifying the adjournment procedures for virtual meetings of shareholders and (ii) eliminating the requirement that the list of shareholders be open to examination at meetings of shareholders. The amendments to the Bylaws also require that a shareholder directly or indirectly soliciting proxies from other shareholders use a proxy card color other than white. The foregoing description is qualified in its entirety by reference to the full text of the Bylaws, as amended and restated, a copy of which is attached hereto as Exhibit 3.1 and incorporated by reference herein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 3.1 Bylaws of PAR Technology Corporation, as amended and restated February 8, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PAR TECHNOLOGY CORPORATION (Registrant) Date: February 14, 2024 /s/ Bryan A. Menar Bryan A. Menar Chief Financial Officer (Principal Financial Officer)