Form 4: Parsons Corp CEO Carey A. Smith Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Carey A. Smith, President & CEO of Parsons Corporation, disposed of 7,141 shares of common stock on February 26, 2025, to cover tax obligations.
Summary
- On February 26, 2025, Carey A. Smith, the President & CEO of Parsons Corporation, disposed of 7,141 shares of common stock.
- The transaction was executed at a price of $59.08 per share.
- This disposal was to cover tax obligations related to equity compensation.
- Following the transaction, Smith directly owns 311,623 shares of Parsons Corporation common stock.
- Smith also indirectly owns 4,723.9866 shares through an ESOP.
Sentiment
Score: 6
Explanation: The document is a routine filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard corporate governance and transparency.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction |
| 02/28/2025 | Date of signature on the Form 4 filing |
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