Parsons (NYSE: PSN) director receives 604 fully vested restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WAJSGRAS DAVID C reported acquisition or exercise transactions in this Form 4 filing.
Parsons Corp director David C. Wajsgras received an equity grant of 604 shares of Common Stock as a fully vested restricted stock unit award. The grant carried a price of $0.00 per share as compensation rather than an open-market purchase. Following this award, he directly holds 40,684 shares of Parsons common stock. The vested shares will be delivered under the terms of the applicable grant notice, and delivery timing may be adjusted if he has made a deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WAJSGRAS DAVID C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 604 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,684 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 604 shares
Ownership after grant: 40,684 shares
Grant price: $0.00 per share
3 metrics
Equity award
604 shares
Fully vested restricted stock unit grant of Common Stock
Ownership after grant
40,684 shares
Total direct Parsons common stock holdings after transaction
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Key Terms
restricted stock units, fully vested, deferral election
3 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."
FAQ
What did Parsons Corp (PSN) director David C. Wajsgras report in this Form 4?
Director David C. Wajsgras reported receiving an award of 604 shares of Parsons common stock as fully vested restricted stock units. The award was granted at $0.00 per share as equity compensation, not through an open-market stock purchase.
Was the Parsons (PSN) Form 4 transaction a stock purchase or an equity award?
The Parsons transaction was an equity award, not an open-market purchase. David C. Wajsgras received 604 fully vested restricted stock units at $0.00 per share as compensation, consistent with a grant classified under transaction code A for awards.
What does it mean that Parsons (PSN) granted fully vested restricted stock units?
Fully vested restricted stock units mean the 604 units granted to David C. Wajsgras are already vested when awarded. Actual share delivery will follow the grant notice terms and may be deferred if he elected deferral for this compensation.
Does the Parsons (PSN) Form 4 indicate any derivative securities or option exercises?
The Form 4 does not show any derivative securities or option exercises for this event. It reports only a non-derivative grant of 604 fully vested restricted stock units in Parsons common stock and lists no remaining derivative positions in the derivative summary.