STOCK TITAN

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.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

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 Ball George L.
Role Interim CFO
Type Security Shares Price Value
Grant/Award Common Stock F1 49,676 $0.00 $0.00
Holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 220,059 shares (Direct); Common Stock — 205,000 shares (Indirect, By Family Trust)
Footnotes (2)
  1. 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.
  2. 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.
RSUs awarded 49,676 RSUs Awarded November 6, 2026
RSU equity portion $2,300,000 Equity portion of the compensation arrangement
RSU vesting date November 6, 2027 Final vested amount is subject to proration based on actual service
Direct shares after award 220,059 shares Reported direct position
Family Trust shares 205,000 shares Shares held by the George L. and Coleen M. Ball Family Trust
restricted stock units financial
"award of restricted stock units ("RSUs")"
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.
pro-ration financial
"final number of vested RSUs subject to pro-ration"
Pro-ration is the method of dividing something—such as shares in a new stock offering, dividends, or subscription rights—among eligible parties according to each party’s relative claim or holding. Think of slicing a pizza so each person gets a piece sized to how much they paid; pro-ration ensures larger holders receive a larger share and smaller holders receive a smaller share. For investors, it affects how many shares or how much cash they actually receive when supply is limited or distributions are allocated.
vesting period financial
"during the one-year vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When do George L. Ball’s PSN RSUs vest?

The 49,676 RSUs vest on November 6, 2027, with the final number subject to proration based on Mr. Ball’s actual service as Interim CFO during the one-year vesting period.

How many PSN shares did George L. Ball hold after the RSU award?

His reported direct position after the award was 220,059 shares. He also shared voting, investment and dispositive power over 205,000 shares held by the George L. and Coleen M. Ball Family Trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ball George L.

(Last)(First)(Middle)
PARSONS CORPORATION
14291 PARK MEADOW DR., #100

(Street)
CHANTILLY VIRGINIA 20151

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PARSONS CORP [ PSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/06/2026A49,676(1)A$0220,059D
Common Stock205,000IBy Family Trust(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ John Martinez, as attorney-in-fact11/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading