Smith Carey A. 4
4 · PARSONS CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Parsons (PSN) CEO Carey A. Smith Surrenders 10,474 Shares for Taxes
What Happened
- Carey A. Smith, President & CEO and a director of Parsons Corporation (PSN), had 10,474 shares disposed of on March 9, 2026 as a tax/fee payment related to an equity award or option exercise.
- The shares were disposed at an implicit price of $62.55 per share, totaling about $655,149. This disposition is coded "F" on the Form 4, indicating shares were used to satisfy tax withholding or related obligations rather than an open-market sale.
Key Details
- Transaction date: 2026-03-09; filing date: 2026-03-10 (timely filed).
- Price used for the withholding/disposition: $62.55 per share.
- Shares disposed: 10,474; total value: approximately $655,149.
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Shares owned after the transaction: not specified in the information provided in your prompt / not shown here.
Context
- This was a tax-withholding/settlement action commonly associated with exercising stock options or vesting of restricted shares. The shares were surrendered to cover taxes rather than sold on the open market, so it’s generally viewed as an administrative step rather than a directional bet on the stock.
- No indication of a 10b5-1 plan or other selling program was provided in the details you supplied.
Insider Transaction Report
Form 4
PARSONS CORPPSN
Smith Carey A.
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2026-03-09$62.55/sh−10,474$655,149→ 562,876 total
Holdings
- 5,476.248(indirect: By ESOP)
Common Stock
Signature
/s/ Michael R. Kolloway, as attorney-in-fact|2026-03-10