Form 4: Parsons Corp CEO Corrects Beneficial Ownership in Form 4 Filing
SEC Form 4 Filing
Carey A. Smith, President & CEO of Parsons Corporation, files a Form 4 to correct previously overstated shares of Common Stock beneficially owned.
Summary
- Carey A. Smith, the President & CEO of Parsons Corporation, filed a Form 4 with the SEC on December 19, 2024.
- The filing corrects an error in previous Forms 4, which overstated the number of shares of Common Stock beneficially owned by Smith.
- On December 17, 2024, 7,541 shares of Common Stock were disposed of at a price of $96.33.
- Following the reported transaction, Smith directly owns 318,764 shares of Common Stock and indirectly owns 4,723.9866 shares through an ESOP.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative sentiment, but accuracy in reporting is generally viewed favorably.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the overstated shares ensures accurate information for shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of transaction involving the disposal of 7,541 shares of Common Stock. |
| 12/19/2024 | Date of Form 4 filing to correct previously overstated shares. |
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