Form 4: Parsons Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, reports transactions involving company stock, including acquisitions and disposals related to performance stock units and restricted stock units.
Summary
- On March 1, 2025, Susan M. Balaguer disposed of 812 shares of Parsons Corporation common stock at a price of $58.22.
- On March 3, 2025, she acquired 12,383 shares of common stock related to performance stock units (PSUs) vesting at $0.
- Also on March 3, 2025, she disposed of 5,697 shares at $55.35.
- Additionally, on March 3, 2025, she acquired 2,521 restricted stock units (RSUs) at $0.
- She also indirectly owns 1,247.7401 shares through an ESOP.
- Following these transactions, Balaguer directly owns 37,252 shares of common stock and indirectly owns 1,247.7401 shares through the ESOP.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing primarily reflects routine stock transactions related to executive compensation. The vesting of PSUs is a slightly positive signal, suggesting the company met its strategic objectives.
Positives
- The vesting of performance stock units indicates that the company met certain strategic objective goals.
Future Outlook
The restricted stock units (RSUs) will vest in three equal annual installments beginning on March 10, 2026.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with the most knowledge of the company's prospects.
Comparison to Industry Standards
- Monitoring insider transactions is a common practice in financial analysis.
- Comparing the volume and nature of insider transactions (acquisitions vs disposals) with those of peers like AECOM, Fluor Corporation, and Jacobs Engineering Group can provide insights into the overall sentiment surrounding Parsons Corp's stock.
- For example, if executives at Parsons are consistently selling shares while peers' executives are buying, it could signal concerns about Parsons' future performance relative to its competitors.
Stakeholder Impact
- The vesting of PSUs and RSUs impacts shareholders by increasing the number of outstanding shares.
- The transactions also affect the reporting person's personal investment portfolio.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Reporting person was granted an award of performance stock units (PSUs). |
| 03/01/2025 | Disposal of 812 shares of common stock. |
| 03/03/2025 | Acquisition of 12,383 shares of common stock (PSUs vesting), disposal of 5,697 shares, and acquisition of 2,521 restricted stock units (RSUs). |
| 03/05/2025 | Date of signature for the Form 4 filing. |
| 03/10/2026 | First vesting date for the restricted stock units (RSUs). |
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