Parsons interim CFO receives $2.3M stock award
The final vested RSU count is subject to proration based on Mr. Ball’s actual service during the one-year vesting period.
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Rhea-AI Filing Summary
Parsons Corp’s Interim CFO George L. Ball acquired 49,676 restricted stock units (RSUs) on November 6, 2026. The RSUs reflect the $2,300,000 equity portion of his compensation arrangement and vest on November 6, 2027, with the final amount subject to proration based on his actual service during the one-year vesting period. His reported position after the award was 220,059 shares held directly; he also shared voting, investment and dispositive power over 205,000 shares held by the George L. and Coleen M. Ball Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 49,676 | $0.00 | $0.00 |
| Holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs"). On October 28, 2026, the Company filed a Current Report on Form 8-K under Item 5.02 disclosing that Mr. Ball would receive a $2,400,000 RSU award as consideration for his service as Interim Chief Financial Officer. For administrative purposes, the compensation arrangement was implemented as an annual base salary of $100,000 and an RSU award valued at $2,300,000. The RSUs reported herein reflect the $2,300,000 equity portion of the arrangement and vest on November 6, 2027, with the final number of vested RSUs subject to pro-ration based on Mr. Ball's actual service period as Interim Chief Financial Officer during the one-year vesting period.
- F2. 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
Key Terms
restricted stock units financial
pro-ration financial
vesting period financial
FAQ
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When do George L. Ball’s PSN RSUs vest?
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