Form 4: Parsons CHRO Sells Shares for Tax Obligations

Parsons Corporation's Chief Human Resources Officer, Susan M. Balaguer, disposed of 4,976 shares of common stock to cover tax withholding obligations.

Summary

• Susan M. Balaguer, Chief Human Resources Officer of Parsons Corporation (PSN), reported a transaction.
• On December 18, 2025, Balaguer disposed of 4,976 shares of Parsons Common Stock.
• The disposition was made at a price of $60.55 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Balaguer directly owns 31,864 shares and indirectly owns 1,247.7401 shares through an Employee Stock Ownership Plan (ESOP).
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up a pre-arranged plan for buying or selling company stock.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition for tax purposes, not a discretionary sale or purchase, and was pre-planned under a 10b5-1 plan. It does not indicate a change in management's outlook on the company.

Positives

• The transaction is a non-discretionary disposition for tax withholding purposes, which is a common and expected event for executives receiving equity compensation.
• The transaction was pre-planned under a Rule 10b5-1(c) plan, indicating it was not a reaction to recent company performance or news.
• The Chief Human Resources Officer retains a significant beneficial ownership of 31,864 direct shares and 1,247.7401 indirect shares after the transaction.

Negatives

• A reduction in the direct beneficial ownership of common stock by a key executive, even if for tax purposes.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal as this is a non-discretionary sale for tax purposes and not indicative of a lack of confidence by the executive. The executive retains substantial ownership.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to equity compensation. Such transactions are common and typically pre-arranged under a 10b5-1 plan, as indicated. It does not signal a change in the executive's confidence in the company or provide new information that would warrant a change in investment recommendation. Therefore, a 'Hold' recommendation is appropriate as this filing alone does not present a strong case for buying or selling.

Keywords

Parsons Corporation, PSN, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Susan M. Balaguer, Chief Human Resources Officer, 10b5-1 plan