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Parsons SEC Filings

PSN NYSE

Welcome to our dedicated page for Parsons SEC filings (Ticker: PSN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Parsons Corporation (NYSE: PSN) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a public company focused on national security and global infrastructure markets, Parsons uses these filings to report financial results, material events, risk factors, and governance updates related to its PSN stock.

Investors can review current reports on Form 8-K where Parsons discloses events such as leadership changes, board appointments, acquisitions, and the release of quarterly financial results. Recent 8-K filings, for example, describe the appointment of a new Chief Legal Officer, the election of a new director, and press releases announcing results of operations for specific quarters.

In addition to 8-Ks, Parsons files annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain detailed information on segment performance, contract portfolios, and risk factors tied to its work in federal, defense, intelligence, and infrastructure markets. These documents help explain how the Federal Solutions and Critical Infrastructure segments contribute to the overall business.

Stock Titan enhances these filings with AI-powered summaries that highlight key points, such as notable contract developments, changes in governance, and important risk disclosures. Users can quickly understand the context of lengthy reports while retaining the option to read the full original documents.

For those monitoring governance and insider activity, this page also links to insider transaction reports on Form 4 and related ownership filings, where available. Together, these SEC documents provide a structured view of Parsons’ regulatory reporting history and material information relevant to PSN shareholders.

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Parsons Corporation is undergoing a planned leadership transition in its human resources function. Chief Human Resources Officer Susan Balaguer will retire as CHRO effective April 1, 2026, and remain in an advisory role through the end of May 2026. The board approved a one-time $250,000 cash bonus to be paid to her as part of her final payment for service.

Soo Lagasse, currently senior vice president of global talent acquisition and mobility, has been appointed as the new CHRO, effective April 1, 2026. Parsons highlights Lagasse’s role in driving record hiring, expanding university and intern programs, and modernizing global talent acquisition and mobility since joining the company in 2021.

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Parsons Corp Chief Human Resources Officer Susan M. Balaguer reported a routine share disposition related to taxes, not an open-market trade. On March 9, 2026, 798 shares of Parsons common stock were withheld at $62.55 per share to satisfy tax obligations on equity compensation. After this transaction, she directly holds 37,207 shares of common stock and has an additional 1,700.8145 shares held indirectly through an ESOP account.

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Parsons Corp President & CEO Carey A. Smith reported a routine tax-withholding transaction. On March 9, 2026, 10,474 shares of Common Stock were disposed of at $62.55 per share to satisfy tax obligations. After this, Smith directly holds 562,876 shares and indirectly holds 5,476.2481 shares through an ESOP, indicating a substantial remaining ownership stake.

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Parsons Corp Chief Financial Officer Matthew Ofilos reported a tax-related share disposition. On March 9, 2026, 2,135 shares of common stock were withheld at $62.55 per share to satisfy tax obligations. After this, he directly held 75,579 shares and indirectly held 1,700.8146 shares through an ESOP.

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Martinez John Thomas reported acquisition or exercise transactions in this Form 4 filing.

Parsons Corp's Chief Legal Officer receives a new equity award. John Thomas Martinez was granted 45,433 shares of common stock in the form of restricted stock units at no cash purchase price. Following this award, he directly holds 55,008 shares of Parsons common stock.

The RSUs vest in two equal annual installments beginning on March 1, 2027, with each unit representing a contingent right to receive one share of common stock. The units have no expiration date, tying a meaningful portion of his compensation to the company’s future performance and continued service.

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Parsons Corp Chief Human Resources Officer Susan M. Balaguer reported a Form 4 showing a disposition of 614 shares of common stock on February 26, 2026. The transaction used code F, meaning shares were withheld to cover a tax liability at a price of $66.31 per share, rather than sold in an open-market trade. After this tax-withholding disposition, she directly owned 38,005 common shares and indirectly held 1,700.8145 shares through an ESOP.

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Parsons Corp Chief Financial Officer Matthew Ofilos reported a tax-related share disposition. On 26 Feb 2026, he delivered 1,487 shares of common stock at $66.31 per share to satisfy tax withholding obligations, a non‑open‑market transaction coded as a tax-withholding disposition. After this, he directly held 77,714 common shares and indirectly held 1,700.8146 shares through an ESOP arrangement.

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Parsons Corp President & CEO Carey A. Smith reported a tax-related share disposition. On February 26, 2026, 7,132 shares of common stock were withheld at $66.31 per share to satisfy tax obligations, a non-market transaction coded as a tax-withholding disposition. After this, Smith directly owned 573,350 shares, with an additional 5,476.2481 shares held indirectly through an ESOP.

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Parsons Corporation is asking stockholders to elect four directors, ratify PricewaterhouseCoopers as auditor for 2026, and approve an advisory vote on executive pay at its virtual annual meeting on April 14, 2026.

Management highlights 2025 revenue of $6.4 billion, down 6%, but up 12% when excluding a single confidential federal contract affected by a foreign-aid executive order. Adjusted EBITDA reached a record $609 million with a 9.6% margin, and net income was a record $241 million, up 3%. Operating cash flow was $478 million.

Parsons reports a book-to-bill ratio of 1.0 and backlog of $8.7 billion, plus $11 billion in additional single-award wins not yet booked. The company completed three acquisitions in 2025 and a fourth in early 2026 to expand capabilities in PFAS remediation, electronic warfare, Florida water infrastructure, and defense and intelligence analytics. Eleven of twelve directors are independent, and the board emphasizes strong governance, stock ownership and clawback policies, and a pay program heavily weighted to performance-based incentives.

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Parsons Corporation approved a new stock-based award for CEO Carey A. Smith with a target grant-date value of $10 million. The award is structured as 60% performance stock units (PSUs) and 40% restricted stock units (RSUs).

The RSUs are scheduled to vest in equal portions over four years beginning March 10, 2026, contingent on Ms. Smith’s continued employment. The PSUs cover a performance period from January 1, 2026 through December 31, 2029 and will cliff vest after that period, based on relative total stockholder return versus a custom peer group.

The PSU payout scale ranges from zero below the 35th percentile to a 100% target payout of $6 million at the 65th percentile, and up to a maximum of $9 million at or above the 75th percentile, with interpolation between levels. The annualized face value of the package is $2.5 million, including RSUs with a target value of $1 million vesting each year for four years.

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FAQ

What is the current stock price of Parsons (PSN)?

The current stock price of Parsons (PSN) is $50.04 as of March 20, 2026.

What is the market cap of Parsons (PSN)?

The market cap of Parsons (PSN) is approximately 5.4B.

PSN Rankings

PSN Stock Data

5.37B
105.31M
Information Technology Services
Services-computer Integrated Systems Design
Link
United States
CENTREVILLE

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