Parsons Corp (PSN) CLO awarded 45,433 RSUs, total holdings 55,008 shares
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Martinez John Thomas
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,433 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,008 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Parsons Corp (PSN) report for John Thomas Martinez?
Parsons Corp’s Chief Legal Officer, John Thomas Martinez, received a grant of 45,433 restricted stock units. These RSUs represent a contingent right to receive common shares, increasing his direct holdings to 55,008 shares after the award, and align part of his compensation with future company performance.
What are the vesting terms for the 45,433 RSUs granted by Parsons Corp (PSN)?
The 45,433 restricted stock units vest in two equal annual installments beginning on March 1, 2027. Each RSU converts into one share of common stock upon vesting, and the units have no expiration date, encouraging long-term retention and alignment with shareholder interests.
What does each restricted stock unit (RSU) from Parsons Corp (PSN) represent?
Each restricted stock unit granted to John Thomas Martinez represents a contingent right to receive one share of Parsons common stock. The RSUs convert into shares only as they vest over time, providing deferred equity compensation tied to continued employment and company performance.
When will the newly granted Parsons Corp (PSN) RSUs start vesting?
The newly granted RSUs will start vesting on March 1, 2027, in two equal annual installments. This schedule means half of the 45,433 units vest on that date, with the remaining half vesting one year later, supporting long-term executive retention.