Form 4: Parsons Corp Director Steven F Leer Reports Stock Award and Correction of Previous Filing
SEC Form 4 Filing
Director Steven F Leer reports receiving fully vested restricted stock units and corrects an understatement in previous filings regarding the number of shares beneficially owned.
Summary
- On January 2, 2025, Steven F Leer, a director of Parsons Corporation, received an award of 431 fully vested restricted stock units.
- The vested shares will be delivered according to the terms of the grant notice.
- Leer's previous Forms 4 had erroneously understated the number of shares of Common Stock beneficially owned.
- This Form 4 corrects the amount in Column 5 of Table I to reflect the accurate number of shares beneficially owned, which is 24,720.
Sentiment
Score: 7
Explanation: The sentiment is neutral. The document primarily reports a stock award and corrects a previous error in reporting. There are no significant positive or negative implications.
Positives
- The correction of the previous filing ensures accurate reporting of beneficial ownership.
Negatives
- Previous filings contained errors regarding the number of shares beneficially owned by the reporting person.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders benefit from accurate reporting of insider ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Award of fully vested restricted stock units. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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