Ofilos Matthew 4

What Happened
Matthew Ofilos, Chief Financial Officer of Parsons Corporation (PSN), was granted awards and also had shares surrendered to satisfy a tax liability on Feb 20, 2026. The filing shows two award-related acquisitions: 10,472 shares (RSUs) and 31,309 shares (PSUs) reported as acquisitions at $0.00. Separately, 14,171 shares were disposed at $65.53 per share for a total of $928,626 to pay an exercise price or tax liability.

Key Details

• Transaction date(s): February 20, 2026; Form 4 filed February 24, 2026 (appears timely).
• Awarded/acquired: 10,472 shares (RSUs) and 31,309 shares (PSUs) at $0.00.
• Disposed: 14,171 shares at $65.53 each = $928,626 (code F: payment of exercise price or tax liability).
• Shares owned after the transactions: not specified in the filing.
• Notable footnotes:
  • F1: The 10,472 RSUs represent contingent rights to one share each; they vest in three equal annual installments beginning March 10, 2027 and have no expiration.
  • F2: Filing references 289 shares automatically purchased under the Parsons Employee Stock Purchase Plan (ESPP).
  • F3: The 31,309 PSUs vested on Feb 20, 2026 after the Compensation Committee determined strategic goals were met.
• Transaction codes: A = award/grant (acquisition); F = share surrender to cover taxes/option exercise costs.

Context
The 31,309 PSUs appear to have vested based on performance, and the RSUs are unvested with a future vesting schedule. The 14,171-share disposition was used to satisfy tax or exercise obligations (common practice) rather than an open-market “sell” indicating a decision to monetize shares for investment reasons. Awards and tax-withholding-related dispositions are routine insider activity and do not, by themselves, indicate the insider’s view of the company’s prospects.