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PARSONS CORP·4

Feb 24, 4:41 PM ET

Balaguer Susan M. 4

Research Summary

AI-generated summary

Updated

Parsons (PSN) CHRO Susan M. Balaguer Receives Award; 5,881 Shares Withheld

What Happened
Susan M. Balaguer, Chief Human Resources Officer of Parsons Corp (PSN), received a vesting award of 12,636 performance stock units (PSUs) on Feb 20, 2026 (transaction code A). To cover tax withholding, 5,881 shares were surrendered/disposed (transaction code F) at $65.53 per share, totaling $385,382. Net shares delivered to Balaguer after withholding: 6,755 shares.

Key Details

  • Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (appears later than the typical two-business-day filing requirement).
  • Award: 12,636 PSUs vested (acquired at $0.00 upon vesting).
  • Tax withholding/disposition: 5,881 shares withheld at $65.53/share = $385,382.
  • Net shares received by insider: 12,636 − 5,881 = 6,755 shares.
  • Footnote: The PSUs vested because the Compensation Committee determined strategic performance goals were met.
  • Filing timeliness: Filing was submitted four days after the transaction date; this appears late under the standard two-business-day Form 4 rule.

Context
This was a performance-based award vesting and a routine tax-withholding disposition (not an open-market sale). For retail investors, award vesting indicates compensation payout tied to company performance metrics; withheld shares used to satisfy tax obligations do not necessarily signal the insider's view on the stock.