Parsons director awarded 2,947 PSN shares
Parsons Corp director Mitchell M. Christian reported a stock-based compensation grant from the company.
Rhea-AI Filing Summary
Parsons Corp director Mitchell M. Christian reported a stock-based compensation grant from the company. He received 2,947 shares of common stock as an award of fully vested restricted stock units with no purchase price. After this grant, he directly holds 29,918 shares of Parsons common stock.
The footnote explains that the vested shares will be delivered under the grant’s terms and conditions and may be deferred if the insider elected to delay delivery, underscoring this is a compensation-related, non-cash acquisition rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,947 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of fully vested restricted stock units. Vested shares will be delivered pursuant to the terms and conditions set forth in the applicable grant notice for such restricted stock units, subject to any deferral election made by the insider.
Key Figures
Key Terms
restricted stock units financial
fully vested financial
deferral election financial
grant, award, or other acquisition financial
FAQ
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What did Parsons Corp (PSN) director Mitchell M. Christian report in this Form 4?
What are Mitchell M. Christian’s Parsons Corp (PSN) holdings after this transaction?
What does “fully vested restricted stock units” mean in the Parsons Corp (PSN) filing?
Was the Parsons Corp (PSN) Form 4 transaction an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.