Parsons Corporation filings document formal updates for an operating company serving defense, intelligence, and critical infrastructure markets. Recent 8-K reports cover quarterly and annual results, financial guidance, backlog and book-to-bill metrics, completed acquisition activity, and Regulation FD communications.
Governance filings include definitive proxy materials, annual meeting voting results, board elections, auditor ratification, advisory executive-compensation votes, equity award disclosures, and officer transition reports. These records also describe compensatory arrangements and stock-based incentives tied to the company's public-company governance structure.
Parsons Corporation announced that its Board of Directors has unanimously elected Robert H. Smith to join the Board, effective December 1, 2025. At the same time, the Board approved increasing its size to 12 members, and Smith will serve as a Class I director with an initial term that runs until the 2026 annual meeting of stockholders.
The company highlights that adding Smith supports its goal of maintaining a strong Board with diverse and strategically aligned backgrounds. Smith brings senior leadership experience in aerospace, defense, and government-related programs, including prior roles as CEO of Blue Origin and senior positions at Honeywell Aerospace and the operator of Sandia National Laboratories. Under Parsons’ Non-Employee Director Compensation Policy, he will receive a mix of cash and equity compensation for his Board service.
Parsons Corporation (PSN) — Schedule 13G/A ownership update. Newport Trust Company, LLC reported beneficial ownership of 51,009,167 shares of Parsons common stock, representing 47.76% of the class as of the event date 09/30/2025.
The filing lists 0 shares with sole voting power and 51,009,167 shares with shared voting power. Newport Trust has 51,009,167 shares with sole dispositive power and 0 with shared dispositive power. The reporting person’s type is noted as BK (bank).
Newport Trust certified the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a Schedule 13G filing. The issuer is Parsons Corporation, with common stock of $1.00 par value per share.
Parsons Corporation reported lower quarterly results as revenue reached $1,621,748,000 and diluted EPS was $0.59 for the three months ended September 30, 2025, compared with $1,810,116,000 and $0.65 a year ago. Net income attributable to Parsons was $64,123,000 versus $71,951,000.
For the nine months, revenue was $4,760,431,000 and diluted EPS was $1.69, compared with $5,016,259,000 and $1.64. Operating cash flow was $310,864,000. Cash and cash equivalents were $422,554,000, and long‑term debt totaled $1,236,700,000 after replacing prior facilities with a $450,000,000 term loan due 2028 and establishing a $750,000,000 revolver due 2030.
Parsons continued M&A integration: it acquired Chesapeake Technology International on June 30, 2025 for $91,534,000 (goodwill $57,998,000; Q3 revenue contribution $19,200,000) and TRS Group on January 31, 2025 for $36,566,000 (goodwill $22,972,000; year‑to‑date revenue $19,000,000). Prior deals include BCC Engineering (November 1, 2024) and BlackSignal Technologies (August 16, 2024). Remaining unsatisfied performance obligations were $7.0 billion, supporting future revenue visibility.
Parsons Corporation furnished a Form 8-K stating it issued a press release with financial results for the quarter ended September 30, 2025. The press release is provided as Exhibit 99.1.
The information under Items 2.02 and 9.01 is furnished and not deemed filed under the Exchange Act. Parsons’ common stock trades on the NYSE under the symbol PSN.
Steven F. Leer, a director of Parsons Corporation (PSN), reported a transaction dated 10/01/2025 in which he was awarded 529 fully vested restricted stock units (RSUs) with a reported acquisition price of $0.00. The filing states the RSUs are fully vested and that vested shares will be delivered under the applicable grant notice. After this award, Mr. Leer beneficially owns 29,174 shares in a direct ownership form. The Form 4 was signed on behalf of the reporting person by Michael R. Kolloway, attorney-in-fact, on 10/03/2025.
Parsons Corporation director David C. Wajsgras reported receiving 417 fully vested restricted stock units on 10/01/2025. The award is reported as acquisition at a $0 price and will be delivered under the grant terms, subject to any deferral election. After the reported transaction, Mr. Wajsgras beneficially owns 36,173 shares of Parsons common stock in a direct ownership form. The filing was signed by an attorney-in-fact on 10/03/2025. The Form 4 discloses only this non-derivative award; no derivative transactions, sales, or other changes are reported.