Form 4: Parsons Corp Director Suzanne Vautrinot Reports Changes in Beneficial Ownership

Director Suzanne Vautrinot reports acquisition and disposal of Parsons Corp (PSN) common stock and restricted stock units.

Summary

• On April 16, 2024, Suzanne Vautrinot, a director of Parsons Corporation, reported changes in beneficial ownership of the company's stock.
• Vautrinot acquired 2,179 shares of common stock and disposed of 15,006 shares.
• The acquisition of 2,179 shares was related to an award of restricted stock units (RSUs).
• Each RSU represents 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 these transactions, Vautrinot beneficially owns 15,006 shares of Parsons Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of RSUs indicates a continued alignment of the director's interests with the company's long-term performance.

Negatives

• The disposal of 15,006 shares could be perceived negatively, although the reason for disposal is not specified.

Risks

• The vesting of RSUs is subject to deferral, which introduces some uncertainty regarding the actual date of share issuance.

Future Outlook

The vesting of RSUs on April 15, 2025, represents a future event that will result in the issuance of common stock to the director, subject to potential deferral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing is specific to Parsons Corporation and its director's stock transactions.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders, as they reflect changes in insider ownership.

Key Dates