Parsons (NYSE: PSN) CEO adds 12,500 shares in open-market purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp President & CEO Carey A. Smith bought additional company stock in the open market. On May 8, 2026, he purchased 12,500 shares of common stock in two open‑market transactions around $50 per share, raising his direct holdings to 575,376 shares plus indirect ESOP-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,500 shares ($624,645)
Net Buy
3 txns
Insider
Smith Carey A.
Role
President & CEO
Bought
12,500 shs ($625K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,000 | $49.94 | $599K |
| Purchase | Common Stock | 500 | $50.73 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 574,876 shares (Direct, null);
Common Stock — 5,476.248 shares (Indirect, By ESOP)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased (block 1): 12,000 shares at $49.94
Shares purchased (block 2): 500 shares at $50.73
Total shares purchased: 12,500 shares
+3 more
6 metrics
Shares purchased (block 1)
12,000 shares at $49.94
Open-market purchase of common stock on May 8, 2026
Shares purchased (block 2)
500 shares at $50.73
Additional open-market purchase on May 8, 2026
Total shares purchased
12,500 shares
Net buy in Form 4 transaction summary
Direct holdings after transactions
575,376 shares
Total common stock directly owned after May 8, 2026 trades
Indirect ESOP holdings
5,476.2481 shares
Common stock held indirectly through ESOP
Price range for weighted-average trades
$49.56–$50.36 per share
Range disclosed in Form 4 footnote
Key Terms
open-market purchase, ESOP, weighted-average price, indirect ownership
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
weighted-average price financial
"The price reported in Column 4 is a weighted-average price."
indirect ownership financial
"total_shares_following_transaction 5476.2481, ownership_type indirect"
FAQ
What insider transactions did Parsons (PSN) report for Carey A. Smith?
Parsons reported that President & CEO Carey A. Smith bought 12,500 shares of common stock in open-market transactions on May 8, 2026. These Form 4 purchases increased his direct ownership stake in the company’s shares.
What does the weighted-average price footnote mean in the Parsons (PSN) Form 4?
The footnote explains that one reported price is a weighted-average across multiple trades between $49.56 and $50.36 per share. It states that detailed trade-by-trade pricing information is available to the issuer, shareholders, or SEC staff upon request.