Research Summary
AI-generated summary of this SEC filing
Parsons (PSN) Director George Ball Buys 20,000 Shares
What Happened George L. Ball, a director of Parsons Corporation (PSN), acquired 20,000 shares on Aug 7, 2026 in an open-market or private purchase at $47.97 per share, for a total of $959,400. This was a purchase (a potentially bullish signal relative to a sale) and the shares are reported as held by the George L. and Coleen M. Ball Family Trust.
Key Details
- Transaction date: 2026-08-07
- Price per share: $47.97; Total transaction value: $959,400
- Transaction type: Purchase (Code P) — open market/private purchase
- Shares owned after transaction: not specified in the Form 4 filing
- Footnote: Shares are held by the George L. and Coleen M. Ball Family Trust UA 01-18-2005; Mr. Ball has shared voting, investment and dispositive power over those shares (Footnote F1)
- Filing date: Form 4 filed with the SEC on 2026-08-10 (three days after the reported transaction date). Form 4s are typically due within two business days; review the SEC filing page for any tardiness flag.
Context Insiders buying shares can be more informative to investors than routine sales, but purchases held in a family trust or via shared control can reflect personal or estate planning as well as investment decisions. This filing contains no indication of option exercises, 10b5-1 plans, or immediate resale.