Ofilos Matthew 4

What Happened

• Matthew Ofilos, Chief Financial Officer of Parsons Corporation (PSN), had 1,487 shares disposed on Feb 26, 2026 as a tax-withholding transaction (reporting code F). The shares are reported at $66.31 each, totaling roughly $98,603. This was a withholding to cover tax obligations (not an open-market sale).

Key Details

• Transaction date and price: Feb 26, 2026 — 1,487 shares at $66.31 each.
• Total value: approximately $98,603.
• Transaction code: F (payment of exercise price or tax liability — shares withheld to satisfy taxes).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form 4 was filed on Mar 2, 2026; this appears to meet the SEC’s two-business-day reporting requirement (timely).

Context

• Code F typically indicates shares were surrendered/withheld to cover taxes from an equity event (e.g., option exercise or vesting). This is a routine, administrative action and does not necessarily reflect a discretionary sale or change in the insider’s view of the company.