STOCK TITAN

Parsons (NYSE: PSN) CEO uses 10,474 shares for tax obligations

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Parsons Corp President & CEO Carey A. Smith reported a routine tax-withholding transaction. On March 9, 2026, 10,474 shares of Common Stock were disposed of at $62.55 per share to satisfy tax obligations. After this, Smith directly holds 562,876 shares and indirectly holds 5,476.2481 shares through an ESOP, indicating a substantial remaining ownership stake.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Smith Carey A.

(Last) (First) (Middle)
PARSONS CORPORATION
14291 PARK MEADOW DR., #100

(Street)
CHANTILLY VA 20151

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PARSONS CORP [ PSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2026 F 10,474 D $62.55 562,876 D
Common Stock 5,476.2481 I By ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Michael R. Kolloway, as attorney-in-fact 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Parsons (PSN) CEO Carey A. Smith report?

Carey A. Smith reported a tax-withholding disposition of 10,474 Parsons common shares. The shares were used to cover tax liabilities, rather than representing an open-market sale, and were priced at $62.55 per share on March 9, 2026.

How many Parsons (PSN) shares were used for taxes by the CEO?

The CEO used 10,474 common shares of Parsons to satisfy tax obligations. The transaction was recorded at a price of $62.55 per share and categorized as a tax-withholding disposition, not a discretionary market sale.

How many Parsons (PSN) shares does the CEO hold after this Form 4?

Following the tax-withholding disposition, the CEO directly holds 562,876 Parsons common shares. In addition, there are 5,476.2481 shares held indirectly through an ESOP, showing continued significant equity exposure to the company.

Was the Parsons (PSN) CEO’s Form 4 transaction a market sale?

The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities at $62.55 per share, a common mechanism when equity-based compensation vests or options are exercised.

What type of security was involved in the Parsons (PSN) CEO transaction?

The transaction involved Parsons common stock. A total of 10,474 common shares were disposed of for tax-withholding purposes, while the CEO’s remaining direct and indirect holdings in common stock are reported in the Form 4 ownership tables.
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