Form 4: Parsons Director Steven Leer Receives Stock Award
Insider Transaction Report
Parsons Corporation Director Steven F. Leer was granted 562 fully vested restricted stock units on January 1, 2026, increasing his beneficial ownership to 29,736 shares.
Summary
- Steven F. Leer, a Director of Parsons Corporation (PSN), acquired 562 shares of Common Stock.
- The transaction occurred on January 1, 2026.
- The acquisition represents an award of fully vested restricted stock units, with a transaction price of $0.00 per share.
- Following this transaction, Steven F. Leer beneficially owns 29,736 shares of Common Stock directly.
- The filing was signed on January 5, 2026, by Michael R. Kolloway as attorney-in-fact for Steven F. Leer.
Sentiment
Score: 7
Explanation: The filing reports a routine grant of fully vested restricted stock units to a director, which is a positive for the recipient and a standard practice for director compensation, indicating ongoing alignment of interests. It does not suggest any material positive or negative operational or financial developments for the company.
Positives
- Steven F. Leer, a Director, received an award of 562 fully vested restricted stock units, aligning his interests further with shareholders.
- The award is a routine part of director compensation, indicating stable corporate governance practices.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing, as it primarily reports a past insider transaction.
Industry Context
This Form 4 filing reports a routine insider transaction, specifically the grant of restricted stock units to a director. Such compensation practices are standard across many publicly traded companies, particularly in the government services and technology sectors where Parsons operates, to align management and director interests with long-term shareholder value.
Related Party Transactions
- The award of 562 fully vested restricted stock units to Steven F. Leer, a Director of Parsons Corporation, constitutes a related party transaction as it involves compensation from the company to a member of its board.
Stakeholder Impact
- Shareholders: The issuance of 562 shares represents a minor dilution, but it is a standard practice for director compensation aimed at aligning interests.
- Directors: Steven F. Leer's beneficial ownership increased, enhancing his stake in the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/01/2026 | Date of transaction for the acquisition of 562 shares of Common Stock. |
| 01/05/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Recommendation
holdThis Form 4 reports a routine grant of restricted stock units to a director as part of their compensation. Such a transaction is standard practice and does not typically indicate a material change in the company's fundamentals or outlook that would warrant a change in investment recommendation. Investors should continue to evaluate Parsons Corporation based on its broader financial performance, strategic initiatives, and market conditions.
Keywords
Parsons Corporation, PSN, Steven F. Leer, Form 4, SEC filing, stock award, restricted stock units, director compensation, insider transaction, beneficial ownership
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