[Form 4] PARSONS CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lagasse Soo reported acquisition or exercise transactions in this Form 4 filing.
Parsons Corp Chief Human Resources Officer Soo Lagasse received a grant of 3,692 restricted stock units (RSUs), each representing a right to one share of common stock. These RSUs will vest on April 1, 2029. Following this award, Lagasse directly holds 12,496 shares of Parsons common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lagasse Soo
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,692 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,496 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant: 3,692 units
Holdings after transaction: 12,496 shares
Vesting date: April 1, 2029
+1 more
4 metrics
RSU grant
3,692 units
Restricted stock units awarded to Soo Lagasse
Holdings after transaction
12,496 shares
Total common stock directly held after award
Vesting date
April 1, 2029
RSUs vesting schedule for the 3,692-unit award
Transaction price per share
$0.00
Equity award granted at no cash cost per unit
Key Terms
restricted stock units, RSUs, contingent right, vest
4 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
vest financial
"The RSUs will vest on April 1, 2029 and have no expiration date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Parsons (PSN) report for Soo Lagasse?
Parsons reported that Chief Human Resources Officer Soo Lagasse received a grant of 3,692 restricted stock units. Each RSU represents a contingent right to one share of common stock, awarded as part of equity compensation rather than an open-market purchase.
What are the terms of the 3,692 RSUs granted to Soo Lagasse at Parsons (PSN)?
The 3,692 RSUs granted to Soo Lagasse each represent a contingent right to receive one share of Parsons common stock. According to the filing, these restricted stock units will vest on April 1, 2029 and have no stated expiration date.
Is the Parsons (PSN) Form 4 transaction a purchase or a compensation award?
The Form 4 transaction is a compensation-related award, not an open-market purchase. Parsons granted Soo Lagasse 3,692 restricted stock units at no cash price, categorized as a grant or award acquisition under the SEC’s transaction code A.