Form 4: Parsons Corp CFO Matthew Ofilos Corrects Beneficial Ownership in Form 4 Filing

Matthew Ofilos, CFO of Parsons Corporation, files a Form 4 to correct previously overstated shares of Common Stock beneficially owned.

Summary

• Matthew Ofilos, the Chief Financial Officer of Parsons Corporation, filed a Form 4 with the SEC on February 28, 2025.
• The filing pertains to changes in beneficial ownership of Parsons Corp [PSN] common stock.
• The transaction date was February 26, 2025.
• The filing corrects an error in previous Forms 4 which overstated the number of shares of Common Stock beneficially owned.
• Ofilos disposed of 1,558 shares of Common Stock at a price of $59.08.
• Following the reported transaction, Ofilos directly owns 39,810 shares of Common Stock and indirectly owns 948.5531 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous error, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The correction of the overstated shares provides more accurate information to shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Parsons Corporation, Matthew Ofilos, PSN, SEC Filing, Common Stock, ESOP