Form 4: Parsons Corp Director George L. Ball Receives Stock Award
Statement of Changes in Beneficial Ownership
Director George L. Ball acquired 2,947 shares of Parsons Corporation common stock via a fully vested restricted stock unit award.
Summary
- Director George L. Ball was granted 2,947 shares of Parsons Corporation (PSN) common stock on April 14, 2026.
- The shares were awarded as fully vested restricted stock units (RSUs).
- Following this transaction, Mr. Ball directly owns 140,383 shares.
- Mr. Ball maintains an additional indirect holding of 205,000 shares through the George L. and Coleen M. Ball Family Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- The director's increased equity stake aligns his interests further with those of shareholders.
- The award consists of fully vested units, indicating immediate ownership interest.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that this filing represents standard corporate governance practice where directors receive equity-based compensation to ensure long-term alignment with company performance, consistent with industry standards for large-cap engineering and defense firms.
Comparison to Industry Standards
- The use of fully vested RSUs for director compensation is a common practice among S&P 400 and similar mid-to-large cap companies.
- The disclosure of indirect holdings via family trusts is standard practice for high-net-worth corporate directors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | George L. Ball appointed John T. Martinez as attorney-in-fact for SEC filing purposes. | 03/10/2026 | Administrative update to facilitate timely regulatory compliance. |
Related Party Transactions
- Disclosure of 205,000 shares held by the George L. and Coleen M. Ball Family Trust.
Stakeholder Impact
- Minimal impact on stakeholders; reflects standard director compensation.
Next Steps
- No future actions required by the company or director based on this filing.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | Date of execution for the Power of Attorney. |
| 04/14/2026 | Date of the RSU award transaction. |
| 04/15/2026 | Date of filing with the SEC. |
Keywords
Parsons Corporation, PSN, Form 4, Insider Trading, Director Compensation, Equity Award
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