Ball George L. 4
Research Summary
AI-generated summary
Parsons (PSN) Director George L. Ball Receives 2,947-Share Award
What Happened George L. Ball, a director of Parsons Corp (PSN), was granted/awarded 2,947 fully vested restricted stock units (RSUs) on April 14, 2026. The Form 4 reports the transaction as an award/acquisition (code A) at $0.00 per share (total reported acquisition value $0). Footnote F1 states these RSUs are fully vested and will be delivered pursuant to the applicable grant notice, subject to any deferral election by Mr. Ball.
Key Details
- Transaction date: 2026-04-14; Form 4 filed 2026-04-15 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares: 2,947 RSUs acquired at $0.00 (reported acquisition $0).
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Notable footnotes:
- F1: RSUs are fully vested; delivery per grant notice, subject to deferral election.
- F2: Shares are/ will be held by the George L. and Coleen M. Ball Family Trust; Mr. Ball has shared voting, investment and dispositive power.
- Remarks: Exhibit 24 — Power of Attorney included.
Context Restricted stock unit awards are a form of compensation, not an open-market purchase or sale. A $0.00 acquisition price indicates an award rather than a cash purchase; delivery timing and tax handling follow the grant terms. Awards to directors are common and do not, by themselves, indicate a buy or sell decision.
Loading document...