Parsons Director George Ball Buys 20,000 Shares

The Motley Fool··US·Read original
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Parsons director George L. Ball purchased 20,000 shares of common stock at $47.97 per share on August 7, 2026, according to an SEC Form 4 filing. The transaction was valued at approximately $959,000 and increased his direct holdings by 13% to 170,383 shares, while his total beneficial ownership across direct and indirect accounts reached 375,383 shares. Ball holds 205,000 shares indirectly through the George L. and Coleen M. Ball Family Trust. The purchase comes as Parsons shares have declined roughly 40% over the past year, with the company lowering its full-year revenue guidance to $6.2 billion to $6.5 billion after reporting a 1% revenue decline in its second quarter.

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Parsons Corp
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Director's insider purchase of 20,000 shares signals confidence despite recent decline and lowered guidance.