Parsons Director George Ball Purchases 20,000 Shares in August
On Aug. 7, 2026, George L. Ball, director of Parsons Corporation (NYSE: PSN), purchased 20,000 shares at $47.97 per share for a total transaction value of approximately $959,000. The purchase increased his direct ownership by 13%, bringing it to 170,383 shares, while his indirect holdings through the George L. and Coleen M. Ball Family Trust remain at 205,000 shares. The acquisition price was slightly above the $47.55 market close on that day. Parsons operates in defense, intelligence, and critical infrastructure sectors with a trailing twelve-month revenue of $6.3 billion but has seen its stock decline by about 40% over the past year amid slumping revenue. This insider buying may signal confidence from Ball despite recent challenges for the company.
Tickers: $PSN