Newport Trust discloses major Parsons Corp (PSN) stake of 49.4M shares
Rhea-AI Filing Summary
Newport Trust Company, LLC filed an amended Schedule 13G reporting its beneficial ownership of Parsons Corp common stock. Newport Trust reports beneficial ownership of 49,370,624 shares of Parsons common stock, representing 46.15% of the outstanding class as of June 30, 2026. It reports shared voting power over 49,370,624 shares and sole dispositive power over 49,370,624 shares, with no sole voting power and no shared dispositive power.
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- None.
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Key Figures
Shares beneficially owned: 49,370,624 shares
Percent of class: 46.15%
Shared voting power: 49,370,624 shares
+2 more
5 metrics
Shares beneficially owned
49,370,624 shares
Parsons Corp common stock beneficially owned by Newport Trust Company, LLC
Percent of class
46.15%
Percentage of Parsons Corp common stock class held by Newport Trust Company, LLC
Shared voting power
49,370,624 shares
Number of shares over which Newport Trust has shared voting power
Sole dispositive power
49,370,624 shares
Number of shares over which Newport Trust has sole dispositive power
CUSIP
70202L102
CUSIP for Parsons Corp common stock, $1.00 par value per share
Key Terms
beneficially owned, Sole Voting Power, Shared Voting Power, Sole Dispositive Power, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 49,370,624"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 49,370,624.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 49,370,624.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Parsons Corp (PSN) does Newport Trust Company, LLC report owning?
Newport Trust Company, LLC reports beneficial ownership of 46.15% of Parsons Corp’s common stock. This corresponds to 49,370,624 shares of common stock, $1.00 par value per share, as of June 30, 2026.
Who signed the Schedule 13G/A for Parsons Corp (PSN) on behalf of Newport Trust?
The amendment was signed by William E. Ryan III, identified as CEO, President and Chief Fiduciary Officer of Newport Trust Company, LLC. The signature date reported is July 31, 2026.