Parsons (PSN) CHRO uses 614 shares to cover tax liability on equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp Chief Human Resources Officer Susan M. Balaguer reported a Form 4 showing a disposition of 614 shares of common stock on February 26, 2026. The transaction used code F, meaning shares were withheld to cover a tax liability at a price of $66.31 per share, rather than sold in an open-market trade. After this tax-withholding disposition, she directly owned 38,005 common shares and indirectly held 1,700.8145 shares through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Balaguer Susan M.
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 614 | $66.31 | $41K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,005 shares (Direct);
Common Stock — 1,700.815 shares (Indirect, By ESOP)
Footnotes (1)
FAQ
What insider transaction did Parsons Corp (PSN) report for Susan M. Balaguer?
Parsons reported that Chief Human Resources Officer Susan M. Balaguer disposed of 614 common shares on February 26, 2026. The Form 4 shows this was a tax-withholding transaction using code F, not an open-market sale, at a price of $66.31 per share.
Was the Parsons (PSN) insider transaction a sale on the open market?
No. The 614-share transaction was coded F, indicating shares were withheld to satisfy a tax liability. This means the shares were not sold in an open-market trade, but instead used to cover taxes related to equity compensation.
What does transaction code F mean in the Parsons (PSN) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 614 Parsons common shares were disposed of to cover a tax obligation, rather than being sold on the open market for discretionary trading purposes.
What role does Susan M. Balaguer hold at Parsons Corp (PSN)?
Susan M. Balaguer is Parsons Corp’s Chief Human Resources Officer. Her position qualifies her as an insider under SEC rules, requiring public reporting of equity-related transactions such as the February 26, 2026 tax-withholding disposition of 614 shares on Form 4.
How are Susan M. Balaguer’s indirect Parsons (PSN) holdings structured?
The Form 4 shows 1,700.8145 Parsons common shares held indirectly for Susan M. Balaguer “By ESOP.” This means the shares are held through an employee stock ownership plan, classified as indirect beneficial ownership separate from her directly owned 38,005 shares.