Parsons (PSN) director receives 2,947 fully vested restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McMahon Harry T. reported acquisition or exercise transactions in this Form 4 filing.
Parsons Corp director Harry T. McMahon received an equity award tied to the company’s common stock. He was granted 2,947 fully vested restricted stock units on common shares at no cash cost. After this award, he directly holds 51,582 shares of Parsons Corp common stock.
The footnote explains that vested shares from these restricted stock units will be delivered under the grant’s terms, subject to any deferral election made by McMahon. This reflects compensation-related equity, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMahon Harry T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,947 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,582 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 2,947 shares
Award price per share: $0.0000/share
Holdings after grant: 51,582 shares
3 metrics
Equity award size
2,947 shares
Fully vested restricted stock units granted on common stock
Award price per share
$0.0000/share
Reported transaction price for the RSU grant
Holdings after grant
51,582 shares
Total Parsons common stock held directly after transaction
Key Terms
restricted stock units, fully vested, deferral election
3 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."
FAQ
What insider transaction did Parsons (PSN) report for Harry T. McMahon?
Parsons reported that director Harry T. McMahon received an equity award of 2,947 restricted stock units. These units are fully vested and relate to the company’s common stock, reflecting compensation rather than an open-market trade in Parsons shares.
Was cash paid for the Parsons (PSN) restricted stock units granted to McMahon?
No cash was paid for the units; the reported price per share is 0.0000. The 2,947 restricted stock units represent a compensation-related award, not an open-market purchase of Parsons common stock by the director.
Are the Parsons (PSN) restricted stock units granted to McMahon vested?
Yes, the footnote states the award represents fully vested restricted stock units. Vested shares will be delivered according to the grant notice terms and any deferral election that Harry T. McMahon may have in place.
How will the restricted stock units for Parsons (PSN) be delivered to McMahon?
The filing explains that vested shares underlying the restricted stock units will be delivered under the applicable grant notice. Delivery is also subject to any deferral election that Harry T. McMahon has made for this equity award.