Parsons (NYSE: PSN) director receives 2,947 fully vested stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parsons Corp director Letitia A. Long received an equity award in the form of restricted stock units. The Form 4 reports an acquisition of 2,947 shares of common stock at $0.00 per share as a grant or award, increasing her direct holdings to 25,175 shares. A footnote explains this represents an award of fully vested restricted stock units, with vested shares to be delivered under the applicable grant notice terms, subject to any deferral election she may have made. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Letitia A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,947 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,175 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 2,947 shares
Award price per share: $0.00 per share
Total shares after transaction: 25,175 shares
3 metrics
Equity award size
2,947 shares
Restricted stock unit grant to director on April 14, 2026
Award price per share
$0.00 per share
Reported transaction price for the granted common stock
Total shares after transaction
25,175 shares
Director Letitia A. Long’s direct holdings following the grant
Key Terms
restricted stock units, fully vested, grant, award, or other acquisition, deferral election
4 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."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
deferral election financial
"subject to any deferral election made by the insider."
FAQ
What insider transaction did Parsons (PSN) report for Letitia A. Long?
Parsons reported that director Letitia A. Long received an equity grant of 2,947 shares of common stock as a fully vested restricted stock unit award, increasing her direct holdings to 25,175 shares according to the Form 4 filing.
Was the Parsons (PSN) insider transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It is coded as a grant or award (Code A), meaning Long acquired 2,947 shares as compensation, with a reported price of $0.00 per share rather than a market trade.
What type of equity award did the Parsons (PSN) director receive?
The filing states the grant represents fully vested restricted stock units. A footnote explains that vested shares will be delivered according to the applicable grant notice and may be deferred if the insider has made a deferral election.
Does the Parsons (PSN) Form 4 mention any deferral feature on the award?
Yes. The footnote explains that vested shares from the restricted stock unit award will be delivered under the grant notice terms and are subject to any deferral election the insider has made, meaning delivery timing can be adjusted under the plan’s rules.