Parsons CLO granted 45,433 RSUs
Martinez John Thomas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,433 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in two equal annual installments beginning on March 1, 2027 and have no expiration date.
FAQ
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What insider transaction did Parsons Corp (PSN) report for John Thomas Martinez?
What are the vesting terms for the 45,433 RSUs granted by Parsons Corp (PSN)?
What does each restricted stock unit (RSU) from Parsons Corp (PSN) represent?
When will the newly granted Parsons Corp (PSN) RSUs start vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.