Form 4: Parsons Corp Executive Balaguer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, disposed of 624 shares of common stock on July 15, 2024, to cover tax obligations.
Summary
- On July 15, 2024, Susan M. Balaguer, the Chief Human Resources Officer of Parsons Corporation, disposed of 624 shares of common stock.
- The transaction was executed to satisfy tax obligations, with the shares being disposed of at a price of $77.8.
- Following the transaction, Balaguer directly owns 39,934 shares of Parsons Corporation common stock and indirectly owns 948.553 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock disposal transaction |
| 07/16/2024 | Date of signature on the Form 4 filing |
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