Form 4: Parsons Director Ellen Lord Receives 2,947 Stock Units
Statement of Changes in Beneficial Ownership
Parsons Corporation Director Ellen M. Lord acquired 2,947 fully vested restricted stock units on April 14, 2026, as part of her compensation.
Summary
- Ellen M. Lord, a Director at Parsons Corporation, was awarded 2,947 restricted stock units (RSUs).
- The transaction occurred on April 14, 2026.
- The RSUs are fully vested upon grant, meaning the director has immediate ownership rights.
- Following this transaction, Lord directly owns 14,597 shares of Parsons Corporation common stock.
- A Power of Attorney was established on March 10, 2026, authorizing John T. Martinez to sign on her behalf.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it confirms ongoing insider equity participation without any associated sell-off.
Positives
- Increased insider ownership by a board member, aligning management interests with shareholders.
- The stock units are fully vested, indicating immediate equity alignment.
- Total direct ownership increased to 14,597 shares.
Negatives
- No significant negative factors identified in this routine compensation-related filing.
Risks
- No specific business or financial risks were disclosed in this beneficial ownership report.
Future Outlook
Vested shares will be delivered to the reporting person according to the terms of the grant notice, subject to any deferral elections made by the director.
Industry Context
StockSavvy.ai notes that equity-based compensation for directors is a standard industry practice designed to align the interests of board members with those of long-term shareholders.
Comparison to Industry Standards
- The grant of approximately 3,000 units is consistent with mid-to-large cap engineering and defense firm director compensation packages.
- Parsons Corporation maintains a standard governance structure regarding insider reporting and power of attorney delegations, similar to peers like Leidos and Booz Allen Hamilton.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Ellen M. Lord granted John T. Martinez authority to execute SEC filings on her behalf. | 2026-03-10 | Administrative update to facilitate timely regulatory compliance. |
Related Party Transactions
- The issuance of 2,947 restricted stock units to Director Ellen M. Lord as part of her compensation.
Stakeholder Impact
- Shareholders may view the increased equity stake of a director as a sign of commitment to the company's long-term performance.
Next Steps
- Delivery of the underlying shares of common stock in accordance with the RSU grant agreement.
Key Dates
| Date | Description |
|---|---|
| 2026-03-10 | Ellen M. Lord signs a Power of Attorney appointing John T. Martinez as attorney-in-fact. |
| 2026-04-14 | Date of the transaction where 2,947 restricted stock units were acquired. |
| 2026-04-15 | Date the Form 4 was filed with the SEC. |
Recommendation
holdThis is a routine administrative and compensation-related filing that does not provide new material information regarding the company's operational performance or strategic direction.
Keywords
Parsons Corporation, PSN, Insider Trading, Ellen M. Lord, Restricted Stock Units, Director Compensation, SEC Form 4
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