T. Rowe Price holds 2.61M PAR shares (NASDAQ: PAR) in Schedule 13G/A
Rhea-AI Filing Summary
PAR Technology Corp: T. Rowe Price Investment Management filed an amendment to its Schedule 13G showing beneficial ownership of 2,612,424 shares of PAR common stock, representing 6.1% of the class as reported. The filing lists sole voting power over 2,606,376 shares and sole dispositive power over 2,612,424 shares. The cover date is 03/31/2026 and the filing is signed on 04/08/2026.
Positive
- None.
Negative
- None.
Insights
Large passive/managed position disclosed by a major asset manager.
The filing reports 2,612,424 shares and 6.1% ownership, indicating T. Rowe Price is a notable holder of PAR common stock. The numbers show voting and dispositive authority consistent with a discretionary asset manager's position.
Implications depend on portfolio strategy; subsequent amendments or Form 13D would be material. Future filings may disclose any changes to percent ownership or voting intentions.
Disclosure clarifies ownership and control metrics relevant to governance assessments.
The Schedule 13G/A lists sole voting power 2,606,376 and sole dispositive power 2,612,424, useful for board engagement and quorum calculations. The filer expressly disclaims beneficial ownership in the text, a common trustee/manager clarification.
Watch for any future amendments that change the percent of class or convert to a Schedule 13D if activism intentions arise.