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Insider Buy CFO Buy Mega Buy ($1M+) February 25, 2022

Ball George L. purchased ~$1.3M in Parsons Corporation stock

Parsons Corporation (PSN)  ·  Chief Financial Officer  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+13.7%

vs SPY -7.1%

PSN price after insider trade by Ball George L.

Insider

Ball George L.

Role

Chief Financial Officer

Transaction

Open-Market Purchase

Approx. Value

~$1.3M

Trade Date

Feb 25, 2022

Company

Parsons Corporation

Ticker

PSN

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$1.3M purchase

Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.

Chief Financial Officer

CFOs have direct access to financials before they become public. Their trades are among the most closely watched by institutional investors.

+13.7% in 90 days (S&P 500: -7.1%)

This trade beat the S&P 500 by 20.8 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

BG

How good is Ball George L. at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On February 25, 2022, Ball George L. — Chief Financial Officer of Parsons Corporation — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$1.3M in Parsons Corporation (PSN) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, PSN returned +13.7% versus -7.1% for the S&P 500 over the same period.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$1.3M
Insider role Chief Financial Officer
90-day return +13.7%
vs S&P 500 +20.8%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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