Parsons Corp President & CEO Carey A. Smith reported multiple equity awards and related tax withholding in common stock. On February 20, 2026, Smith acquired 59,844 shares as a restricted stock unit (RSU) award that will vest in four equal annual installments beginning on March 10, 2027.
Smith also acquired an additional 44,883 RSU-based shares vesting in three equal annual installments beginning on March 10, 2027, and 150,231 shares from a performance stock unit (PSU) award after strategic objective goals were determined to be met. To cover tax obligations, 67,755 shares were disposed of at $65.53 per share. Following these transactions, Smith directly held up to 648,237 shares at one point during the sequence and 580,482 shares after tax withholding, with an additional 5,476.2481 shares held indirectly through an ESOP.
Martinez John Thomas reported acquisition or exercise transactions in this Form 4 filing.
Parsons Corp Chief Legal Officer John Thomas Martinez reported an equity award of 9,575 shares of common stock in the form of restricted stock units. These RSUs were granted at no cash cost and will vest in three equal annual installments beginning on March 10, 2027.
Parsons Corp Chief Financial Officer Matthew Ofilos reported equity award activity and related tax withholding. He acquired 10,472 and 31,309 shares of common stock through grant or award transactions at no cash cost, including restricted stock units and performance-based awards that vested after strategic goals were met. To cover tax obligations, 14,171 shares were disposed of at a price of $65.53 per share through a tax-withholding transaction rather than an open-market sale. Following these changes, he also reports 1,700.8146 shares held indirectly through the company’s employee stock ownership plan.
Parsons Corp executive John Thomas Martinez, the company’s Chief Legal Officer, has filed an initial statement of beneficial ownership on Form 3. This filing establishes his status as a reporting insider of Parsons Corp. No stock purchases, sales, or other transactions are reported in this filing.
Parsons Corporation reports fiscal 2025 revenue of $6.4 billion, net income attributable to Parsons of $241.1 million, and Adjusted EBITDA of $609.3 million, reflecting its scale across defense, security, and infrastructure markets. Revenue is split between Federal Solutions (51%) and Critical Infrastructure (49%), with Adjusted EBITDA contributions of 46% and 54%, respectively.
Federal Solutions revenue declined 20% year over year, while Critical Infrastructure grew 15%, highlighting a mix shift toward infrastructure. Total backlog was $8.7 billion as of December 31, 2025, down 2% from 2024, including $6.4 billion funded, of which $4.1 billion is expected to convert to revenue over the next 12 months.
The company emphasizes technology-driven growth in cyber, space, missile defense, intelligent transportation, and water and environmental services, supported by a string of acquisitions. In 2025 it acquired CTI for $91.5 million, Applied Sciences for $28.1 million, and TRS Group for $36.6 million, following larger 2024 deals for BCC Engineering and BlackSignal Technologies.
Parsons underscores a people-first culture with over 21,000 employees, robust mentoring and leadership programs, and broad employee ownership. Its ESOP held 50,864,117 shares, or about 39% of outstanding stock, at year-end 2025. The company also returned capital via share repurchases totaling $204.7 million for 3,535,849 shares at an average price of $57.89.
Parsons Corporation reported mixed fourth-quarter and full-year 2025 results, with record profitability but lower reported revenue. Q4 2025 revenue was $1.60 billion, down 8% year-over-year, while net income rose 3% to $56 million and adjusted EBITDA reached a record $153 million with a 9.6% margin.
For 2025, revenue decreased 6% to $6.36 billion, but net income increased 3% to a record $241 million. Adjusted EBITDA was a record $609 million and margin improved to 9.6%. Critical Infrastructure grew strongly, while Federal Solutions declined due to lower volume on a fixed-price confidential contract. Backlog ended at $8.7 billion, and 2026 guidance calls for revenue of $6.5–$6.8 billion, adjusted EBITDA of $615–$675 million, and operating cash flow of $470–$530 million.
Parsons Corporation disclosed that on January 15, 2026 it signed and closed a Stock Purchase Agreement for the acquisition of Altamira Technologies Corporation by its subsidiary, Parsons Government Service, Inc. This means the deal agreement and closing occurred together, so Altamira is now part of Parsons' government services platform as described in the accompanying press release.
The company furnished a press release as an exhibit to provide additional detail about the transaction. No purchase price, financing details, or financial impact were included in this disclosure, and the exhibit is not automatically incorporated into other Securities Act or Exchange Act filings.
Parsons Corporation reported an insider equity grant to a director. On 01/01/2026, the director received 442 shares of Parsons common stock through an award of fully vested restricted stock units at a price of $0.00 per share. After this transaction, the director beneficially owned 36,615 shares of Parsons common stock in direct form.
The filing explains that the 442-share grant represents fully vested restricted stock units, with vested shares to be delivered under the terms of the applicable grant notice, and subject to any deferral election made by the insider. The transaction was reported on a Form 4 filed for a single reporting person in the capacity of a director of Parsons Corporation.
Parsons Corporation reported a director equity grant through a Form 4 filing. On 01/01/2026, a director of Parsons Corporation (PSN) acquired 562 shares of common stock at a price of $0.00 per share, increasing the director’s directly held stake to 29,736 shares.
The filing explains this represents an award of fully vested restricted stock units. The vested shares will be delivered under the terms and conditions of the applicable grant notice and any deferral election made by the insider, meaning the economic value is tied to the company’s equity compensation arrangements rather than an open-market purchase.
Parsons Corporation reported an insider share transaction by its Chief Human Resources Officer. On 12/18/2025, the officer disposed of 4,976 shares of Parsons common stock at a price of $60.55 per share under transaction code "F," which typically relates to share withholding or similar events. Following this transaction, the officer directly beneficially owned 31,864 shares of common stock and indirectly beneficially owned 1,247.7401 shares through an ESOP. The filing was made by one reporting person.