Form 4: Parsons Corp Director Ellen M. Lord Reports Acquisition of 2,179 Shares
SEC Form 4
Director Ellen M. Lord reports acquiring 2,179 shares of Parsons Corp common stock through restricted stock units.
Summary
- On April 16, 2024, Ellen M. Lord, a director of Parsons Corporation, acquired 2,179 shares of common stock.
- The acquisition was in the form of restricted stock units (RSUs), each representing a contingent right to receive one share of common stock.
- The RSUs will vest on April 15, 2025, subject to deferral, and have no expiration date.
- Following the transaction, Lord directly owns 8,968 shares of Parsons Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction of stock acquisition through RSUs, which is a common practice for executive compensation. It doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Future Outlook
The RSUs will vest on April 15, 2025, subject to deferral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of transaction: Acquisition of 2,179 shares of Parsons Corp common stock. |
| 04/15/2025 | Vesting date for the restricted stock units. |
| 04/18/2024 | Date of signature for the Form 4 filing. |
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