Parsons (PSN) director George L. Ball receives 2,947-share fully vested stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp director George L. Ball reported receiving an equity award tied to the company’s common stock. He acquired 2,947 shares as a grant of fully vested restricted stock units, with delivery of vested shares to follow the terms of the applicable grant notice and any deferral elections.
After this award, he directly holds 140,383 shares of Parsons common stock. In addition, 205,000 shares are held indirectly through the George L. and Coleen M. Ball Family Trust, over which he has shared voting, investment and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ball George L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,947 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 140,383 shares (Direct);
Common Stock — 205,000 shares (Indirect, By Family Trust)
Footnotes (1)
- Represents an award of fully vested restricted stock units. Vested shares will be delivered pursuant to the terms and conditions set forth in the applicable grant notice for such restricted stock units, subject to any deferral election made by the insider. 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
Equity award: 2,947 shares
Direct holdings after grant: 140,383 shares
Indirect trust holdings: 205,000 shares
+1 more
4 metrics
Equity award
2,947 shares
Grant of fully vested restricted stock units on 2026-04-14
Direct holdings after grant
140,383 shares
Parsons common stock directly owned by George L. Ball
Indirect trust holdings
205,000 shares
Held by George L. and Coleen M. Ball Family Trust UA 01-18-2005
Grant price per share
$0.00 per share
Restricted stock unit grant/award acquisition, non-cash compensation
Key Terms
restricted stock units, fully vested, deferral election, Family Trust, +1 more
5 terms
restricted stock units financial
"Represents an award of fully vested restricted stock units."
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.
fully vested financial
"Represents an award of fully vested restricted stock units."
deferral election financial
"subject to any deferral election made by the insider."
Family Trust financial
"These shares are held by the George L. and Coleen M. Ball Family Trust UA 01-18-2005"
FAQ
What insider transaction did Parsons (PSN) director George L. Ball report?
George L. Ball reported an acquisition of Parsons common stock through an equity award. He received 2,947 fully vested restricted stock units, which will be settled in shares under the applicable grant notice and any deferral elections, reflecting routine director compensation.
What are George L. Ball’s direct Parsons (PSN) holdings after the reported grant?
Following the grant, George L. Ball directly holds 140,383 shares of Parsons common stock. This total reflects his updated direct ownership position after receiving 2,947 fully vested restricted stock units as part of his director-related equity compensation.
What indirect Parsons (PSN) holdings are reported for George L. Ball?
An additional 205,000 Parsons shares are held indirectly by the George L. and Coleen M. Ball Family Trust UA 01-18-2005. According to the disclosure, Mr. Ball has shared voting, investment, and dispositive power over the shares held by this family trust.
Was the Parsons (PSN) equity award to George L. Ball an open-market purchase?
No, the shares were granted as fully vested restricted stock units, not bought on the open market. The filing shows a grant/award acquisition at a price of $0.00 per share, indicating compensation-related equity rather than a discretionary stock purchase.
How are the restricted stock units for Parsons (PSN) director George L. Ball structured?
The units are fully vested restricted stock units that will deliver shares according to the grant notice’s terms. Delivery may be affected by any deferral election made by Mr. Ball, as described in the footnote, rather than occurring immediately upon vesting.