Form 4: Parsons Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, disposed of 412 shares of common stock to cover tax obligations.
Summary
- On March 9, 2025, Susan M. Balaguer, the Chief Human Resources Officer of Parsons Corporation, disposed of 412 shares of common stock.
- The transaction was executed to cover tax obligations at a price of $60.17 per share.
- Following the transaction, Balaguer directly owns 36,840 shares of Parsons Corporation common stock and indirectly owns 1,247.7401 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/09/2025 | Date of transaction: Susan M. Balaguer disposed of shares. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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