Parsons Corp (PSN) director George L. Ball buys 20,000 shares at $47.97
Rhea-AI Filing Summary
Parsons Corp director George L. Ball reported an open-market purchase of 20,000 shares of common stock on 2026-08-07 at $47.97 per share. Following this transaction, he directly holds 170,383 shares. In addition, an indirect holding of 205,000 shares is reported as held by the George L. and Coleen M. Ball Family Trust, over which Mr. Ball has shared voting, investment and dispositive power. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
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Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
2 txns
Insider
Ball George L.
Role
Director
Bought
20,000 shs ($959K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $47.97 | $959K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 170,383 shares (Direct);
Common Stock — 205,000 shares (Indirect, By Family Trust)
Footnotes (1)
- F1. These shares are held by the George L. and Coleen M. Ball Family Trust UA 01-18-2005 (the "Trust"). Mr. Ball has shared voting, investment and dispositive power over the shares held by the Trust.
Key Figures
Shares purchased: 20,000 shares
Purchase price per share: $47.97
Direct holdings after transaction: 170,383 shares
+1 more
4 metrics
Shares purchased
20,000 shares
Common Stock purchased on 2026-08-07
Purchase price per share
$47.97
Per-share price for 20,000-share Common Stock purchase
Direct holdings after transaction
170,383 shares
Direct Common Stock ownership following 2026-08-07 purchase
Indirect trust holdings
205,000 shares
Common Stock held by the George L. and Coleen M. Ball Family Trust
Key Terms
Rule 10b5-1, dispositive power, Family Trust
3 terms
Rule 10b5-1 regulatory
"The filing does not indicate use of a Rule 10b5-1 trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
dispositive power financial
"Mr. Ball has shared voting, investment and dispositive power over the shares held by the Trust."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Family Trust financial
"These shares are held by the George L. and Coleen M. Ball Family Trust UA 01-18-2005."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did Parsons Corp (PSN) director George L. Ball report?
George L. Ball reported purchasing 20,000 shares of Parsons Corp common stock on 2026-08-07 at $47.97 per share. This was an open-market or private transaction coded as a purchase.
What indirect Parsons Corp (PSN) holdings are reported for George L. Ball?
An indirect holding of 205,000 shares of Parsons Corp common stock is reported as held by the George L. and Coleen M. Ball Family Trust, over which Mr. Ball has shared voting, investment and dispositive power.
Was George L. Ball’s Parsons Corp (PSN) trade under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating a trading plan. The reported 20,000-share purchase therefore is not identified as executed under a pre-arranged Rule 10b5-1 plan.
What was the purchase price in George L. Ball’s Parsons Corp (PSN) trade?
The reported purchase price for Parsons Corp common stock was $47.97 per share for the 20,000 shares acquired on 2026-08-07. The filing labels this as a per-share price for the open-market or private transaction.