MRCY insider files Form 144 to sell 1,182 shares after restricted stock vesting
Rhea-AI Filing Summary
Mercury Systems, Inc. (MRCY) filed a Form 144 notifying the proposed sale of 1,182 common shares held by an insider through Fidelity Brokerage Services LLC. The shares have an aggregate market value of $78,622.27 based on the filing and represent a small fraction of the 59,915,670 shares outstanding. The securities were acquired on 08/15/2025 via restricted stock vesting and the filing lists the approximate sale date as 08/18/2025 on the NASDAQ. The filing states payment was for compensation and reports no other sales in the past three months.
Positive
- Timely regulatory compliance: Form 144 filed for the proposed sale with broker and timing details provided
- Small transaction size: 1,182 shares (~$78.6k) is immaterial relative to 59,915,670 shares outstanding
- Acquisition clearly disclosed: Securities were acquired via restricted stock vesting and paid as compensation
Negative
- Insider sale disclosed: A company insider is selling vested shares (though size is small)
- Short interval between vesting and proposed sale: Acquisition on 08/15/2025 with approximate sale 08/18/2025
Insights
TL;DR: Routine insider sale of vested restricted stock; size is immaterial to market capitalization.
The filing documents an insider disposing of 1,182 shares acquired through restricted stock vesting three days earlier. With an aggregate value of $78,622.27 against roughly 59.9 million shares outstanding, the transaction is immaterial to equity capitalization and unlikely to affect short-term share pricing. The disclosure is consistent with Rule 144 procedures and includes broker and timing details, meeting regulatory transparency expectations.
TL;DR: Compliance-focused disclosure showing adherence to reporting and trading rules for insider sales.
The notice indicates the seller affirmed no undisclosed material information and identified the transaction as compensation-related restricted stock vesting. The use of Form 144 and a registered broker aligns with standard insider reporting practice under securities law. No related-party aggregation or recent sales were reported, reducing concerns about coordinated disposals or governance red flags in this filing.