Balaguer Susan M. 4
4 · PARSONS CORP · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-20+12,636→ 44,500 total - Tax Payment
Common Stock
2026-02-20$65.53/sh−5,881$385,382→ 38,619 total
- 1,700.815(indirect: By ESOP)
Common Stock
Footnotes (1)
- [F1]The reporting person was previously granted an award of performance stock units (PSUs), which vest in the form of common stock based upon the Issuer's performance against certain strategic objective goals. On February 20, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the strategic objective goals had been met, resulting in the vesting of these shares.