SCHEDULE: Newport Trust Reports 47.76% Parsons Corp. Stake
Beneficial Ownership Report (Amendment)
Newport Trust Company, LLC filed an Amendment No. 7 to Schedule 13G, disclosing a 47.76% beneficial ownership stake in Parsons Corporation's common stock as of September 30, 2025.
Summary
- Newport Trust Company, LLC reported beneficial ownership of 51,009,167 shares of Parsons Corporation common stock.
- This ownership represents 47.76% of the total class of Parsons Corporation's common stock.
- The filing is an Amendment No. 7 to Schedule 13G, indicating an update to a previously reported stake.
- Newport Trust Company, LLC holds shared voting power over all 51,009,167 shares and sole dispositive power over the same amount.
- The securities were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing control of Parsons Corporation.
Sentiment
Score: 5
Explanation: This is a routine Schedule 13G amendment reporting a significant passive ownership stake. It does not contain financial performance data, strategic updates, or other information that would typically drive a positive or negative sentiment.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Parsons Corporation's future performance or strategic direction.
Management Comments
- Newport Trust Company, LLC certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Parsons Corporation.
Industry Context
This filing is a routine disclosure of a significant institutional ownership stake in Parsons Corporation, a company operating in the government services and infrastructure sectors. It does not provide specific industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, which may contribute to perceptions of corporate stability.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date of event which requires the filing of this statement |
| 11/12/2025 | Signature date of the filing by William E. Ryan III |
Keywords
Parsons Corporation, Newport Trust Company LLC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership
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