Parsons CFO reports equity awards and tax share withholding
Parsons Corp Chief Financial Officer Matthew Ofilos reported equity award activity and related tax withholding.
Rhea-AI Filing Summary
Parsons Corp Chief Financial Officer Matthew Ofilos reported equity award activity and related tax withholding. He acquired 10,472 and 31,309 shares of common stock through grant or award transactions at no cash cost, including restricted stock units and performance-based awards that vested after strategic goals were met. To cover tax obligations, 14,171 shares were disposed of at a price of $65.53 per share through a tax-withholding transaction rather than an open-market sale. Following these changes, he also reports 1,700.8146 shares held indirectly through the company’s employee stock ownership plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,472 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 31,309 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 14,171 | $65.53 | $929K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on March 10, 2027 and have no expiration date.
- F2. Includes 289 shares of common stock automatically purchased on behalf of the reporting person pursuant to the terms of the Parsons Employee Stock Purchase Plan.
- F3. The reporting person was previously granted an award of performance stock units (PSUs), which vest in the form of common stock based upon the Issuer's performance against certain strategic objective goals. On February 20, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the strategic objective goals had been met, resulting in the vesting of these shares.
FAQ
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What insider transactions did Parsons (PSN) CFO Matthew Ofilos report?
What do the restricted stock units (RSUs) granted to the Parsons (PSN) CFO represent?
How were performance stock units (PSUs) treated in this Parsons (PSN) Form 4?
What is the significance of the tax-withholding disposition in the Parsons (PSN) filing?
What indirect Parsons (PSN) holdings does the CFO report in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.