Form 4: Parsons Corp Director George L. Ball Reports Acquisition of 2,682 Shares of Common Stock
SEC Form 4 Filing
Director George L. Ball reports acquiring 2,682 shares of Parsons Corp common stock on April 15, 2025, and beneficially owning 137,436 shares directly and 205,000 shares indirectly through a family trust.
Summary
- On April 15, 2025, George L. Ball, a director of Parsons Corp, acquired 2,682 shares of common stock.
- The acquisition was through an award of fully vested restricted stock units at a price of $0.
- Following the transaction, Mr. Ball directly owns 137,436 shares of Parsons Corp common stock.
- Mr. Ball also indirectly owns 205,000 shares through the George L. and Coleen M. Ball Family Trust UA 01-18-2005, over which he has shared voting, investment, and dispositive power.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock acquisition by a company director.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers regarding their company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01-18-2005 | Date of the George L. and Coleen M. Ball Family Trust UA |
| 04/15/2025 | Date of the transaction: acquisition of 2,682 shares of common stock |
| 04/17/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Parsons Corp, PSN, George L. Ball, Director, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Family Trust
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