Business Context and Reporting Period
This Form 8-K filing by Parsons Corporation (PSN) reports on the results of the Annual Meeting of Stockholders held on April 15, 2025. The report was filed on April 16, 2025, pursuant to Item 5.07 regarding the submission of matters to a vote of security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate governance report and does not contain financial performance data.
Material Changes and Voting Results
The filing details the outcomes of three proposals voted upon by stockholders:
- Proposal 1 (Election of Directors): All four nominees were elected to serve three-year terms expiring in 2028.
- George L. Ball: 91,176,392 For; 2,896,939 Withheld.
- Ellen M. Lord: 90,682,301 For; 3,391,030 Withheld.
- Darren W. McDew: 91,065,529 For; 3,007,802 Withheld.
- Suzanne M. Vautrinot: 77,593,119 For; 16,480,212 Withheld.
- Proposal 2 (Ratification of Auditors): The appointment of Price Waterhouse Coopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was approved.
- For: 97,259,010; Against: 2,259,112; Abstain: 351,257.
- Proposal 3 (Executive Compensation): The advisory vote to approve the compensation of named executive officers was approved.
- For: 91,518,237; Against: 2,029,141; Abstain: 525,953.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the reporting of voting results.
Key Facts for Investor Verification
- Verify the specific terms and biographies of the newly elected directors, particularly Suzanne M. Vautrinot, who received a higher percentage of withheld votes compared to other nominees.
- Confirm the engagement letter details with Price Waterhouse Coopers LLP for the 2025 fiscal year.
- Review the full Proxy Statement filed on March 5, 2025, for detailed compensation data referenced in Proposal 3.