Form 4: Parsons Corp Executive Susan M. Balaguer Reports Stock Transactions

Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, reports acquisition and disposal of company stock on February 27, 2024.

Summary

• On February 27, 2024, Susan M. Balaguer, Chief Human Resources Officer of Parsons Corporation, reported transactions involving the company's common stock.
• Balaguer acquired 8,306 shares of common stock at $0.00, and disposed of 2,542 shares at $80.54.
• Following these transactions, Balaguer directly owns 43,018 shares of common stock and indirectly owns 948.553 shares through an ESOP.
• The acquisition of 8,306 shares was a result of performance stock units (PSUs) vesting, as the Compensation Committee determined that strategic objective goals had been met.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports stock transactions. The vesting of PSUs suggests positive performance, but the sale of shares tempers the overall sentiment.

Positives

• The vesting of performance stock units indicates that the company met certain strategic objective goals, as determined by the Compensation Committee.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, allowing investors to track the buying and selling activities of company executives and directors.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for all publicly traded companies in the United States.
• Similar filings are made by executives at companies like AECOM, Jacobs Engineering, and Fluor Corporation, providing insights into their individual investment decisions and potential confidence in their respective companies' performance.

Stakeholder Impact

• The vesting of performance stock units and subsequent stock transactions may influence investor perception of the company's performance and executive confidence.

Key Dates