Form 4: Parsons Corp Executive Balaguer Reports Stock Disposal to Cover Tax Obligations

Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, disposed of 682 shares of common stock on February 26, 2025, to satisfy tax withholding obligations.

Summary

• On February 26, 2025, Susan M. Balaguer, the Chief Human Resources Officer of Parsons Corporation, disposed of 682 shares of common stock.
• The transaction was executed to cover tax withholding obligations related to equity compensation.
• The shares were disposed of at a price of $59.08 per share.
• Following the transaction, Balaguer directly owns 28,857 shares of Parsons Corporation common stock and indirectly owns 948.553 shares through an ESOP.
• A correction was made to the reported number of shares beneficially owned, as previous filings erroneously overstated the amount.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction (tax obligation coverage) and a correction of a previous error.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive for tax purposes.

Key Dates

Keywords

Form 4, Parsons Corporation, PSN, Stock Disposal, Beneficial Ownership, Susan M. Balaguer, Chief Human Resources Officer, Tax Withholding