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

Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, reported the disposal of company stock to cover tax obligations arising from equity awards.

Summary

• Susan M. Balaguer, Chief Human Resources Officer of Parsons Corporation, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• The report covers multiple transactions where shares of common stock were disposed of to satisfy tax obligations.
• These transactions occurred on July 15, 2022, March 1, 2023, July 15, 2023, February 26, 2024 and March 1, 2024.
• The disposals were executed to cover tax liabilities, with prices ranging from $39.88 to $80.82 per share.
• Following these transactions, Balaguer directly owns 40,558 shares of Parsons Corporation common stock and indirectly owns 948.553 shares through an ESOP.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to tax obligations, with no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.

Key Dates