Parsons Corp (PSN) director granted 718 fully vested restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp director Steven F. Leer received an equity award of 718 shares of Common Stock as a grant or award acquisition. The award represents fully vested restricted stock units, with vested shares to be delivered under the terms of the applicable grant notice, subject to any deferral election he may have made. Following this award, Leer directly owns 30,454 shares of Parsons common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEER STEVEN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 718 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,454 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 718 shares
Shares owned after transaction: 30,454 shares
Reported grant price: $0.0000 per share
+1 more
4 metrics
Equity award size
718 shares
Fully vested restricted stock units granted to director
Shares owned after transaction
30,454 shares
Total direct Parsons Common Stock held by Steven F. Leer after award
Reported grant price
$0.0000 per share
Price per share for the 718-share award, indicating compensatory grant
Acquire transactions
1 transaction
Number of acquire-type entries in this Form 4
Key Terms
restricted stock units, fully vested, deferral election, grant, award, or other acquisition
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."
deferral election financial
"subject to any deferral election made by the insider."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Parsons Corp (PSN) disclose for Steven F. Leer?
Parsons Corp disclosed that director Steven F. Leer received an equity award of 718 shares of Common Stock. The award is structured as fully vested restricted stock units, reflecting compensation rather than an open-market purchase or sale of shares.
What type of equity award did Steven F. Leer receive from Parsons Corp (PSN)?
Steven F. Leer received an award of fully vested restricted stock units linked to Parsons Corp Common Stock. These units are fully vested upon grant, with the underlying shares delivered according to the grant notice and any deferral election he may have made.
How will the vested restricted stock units for Parsons Corp (PSN) be delivered?
The fully vested restricted stock units will be settled in shares delivered under the applicable grant notice terms. Delivery timing is also subject to any deferral election made by Steven F. Leer, as described in the filing’s footnote.