Parsons (NYSE: PSN) CEO uses 10,474 shares for tax obligations
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Carey A.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,474 | $62.55 | $655K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 562,876 shares (Direct);
Common Stock — 5,476.248 shares (Indirect, By ESOP)
Footnotes (1)
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.
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.