{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-076537","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.308625+00:00","generated_at":"2026-05-15T23:54:16.656186+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Parsons grants CEO Carey Smith $10M stock award with 60% performance-based PSUs","bullets":["Target grant-date value $10M: $6M PSUs (60%) and $4M RSUs (40%), approved on February 20, 2026.","RSUs vest ratably over four years beginning March 10, 2026, subject to continued employment.","PSUs cliff vest after four-year performance period (Jan 2026 – Dec 2029) based on rTSR vs peer group.","PSU payout: zero for ≤35th percentile; 100% target ($6M) at 65th percentile; 150% max ($9M) at ≥75th percentile.","Annualized target value is $2.5M over four years ($1M RSUs per year)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-076537","json":"https://secwatch.observer/filing/0001193125-26-076537.json","markdown":"https://secwatch.observer/filing/0001193125-26-076537.md","text":"https://secwatch.observer/filing/0001193125-26-076537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000119312526076537/0001193125-26-076537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000119312526076537/psn-20260220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:54:16.656186+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}