Director Steven F. Leer receives 837-share stock award at Parsons (NYSE: PSN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp director Steven F. Leer received a stock-based compensation award. He acquired 837 shares of common stock at no cost through fully vested restricted stock units, increasing his direct holdings to 34,238 shares. The vested units will be settled in shares under the applicable grant terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEER STEVEN F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 837 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,238 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 837 shares
Grant price: $0.0000 per share
Total holdings after grant: 34,238 shares
3 metrics
Shares granted
837 shares
Fully vested restricted stock units of common stock
Grant price
$0.0000 per share
Stock-based compensation, not an open-market purchase
Total holdings after grant
34,238 shares
Direct ownership following the Form 4 transaction
Key Terms
restricted stock units, fully vested, grant, award, or other acquisition, Common Stock
4 terms
restricted stock units financial
"Represents an award of fully vested restricted stock units."
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.
fully vested financial
"Represents an award of fully vested restricted stock units."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Parsons Corp (PSN) director Steven F. Leer report in this Form 4?
Steven F. Leer reported receiving 837 shares of Parsons Corp common stock as a stock-based compensation award. These shares came from fully vested restricted stock units, granted at no cash cost, and increased his directly held position to 34,238 shares after the transaction.
Was the Parsons Corp (PSN) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market trade. Leer acquired 837 shares through a grant of fully vested restricted stock units at a price of $0.0000 per share, reflecting compensation rather than an open-market purchase or sale of Parsons Corp stock.
What type of equity award did Parsons Corp (PSN) grant to Steven F. Leer?
Parsons Corp granted Steven F. Leer fully vested restricted stock units covering 837 shares. According to the footnote, vested shares will be delivered under the applicable grant notice terms, subject to any deferral election he may have made regarding settlement timing.