Mercury Systems CFO sells 8,692 shares for taxes
MERCURY SYSTEMS INC (MRCY) reported that its EVP and CFO, David E. Farnsworth, had shares of Common Stock sold on his behalf in August 2026 under a sell-to-cover program to meet tax withholding obligations tied to vesting stock awards.
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Rhea-AI Filing Summary
MERCURY SYSTEMS INC (MRCY) reported that its EVP and CFO, David E. Farnsworth, had shares of Common Stock sold on his behalf in August 2026 under a sell-to-cover program to meet tax withholding obligations tied to vesting stock awards. On August 17 and 18, 2026, an aggregate of 8,692 shares were sold at per-share prices determined for all participants in the program, rather than as individual discretionary trades. The filing also reports that 1,516 shares are held indirectly in a 401K Plan after the August 17, 2026 date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,347 | $111.3577 | $818K |
| Sale | Common Stock F1, F2 | 1,345 | $109.9509 | $148K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares sold as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards.
- F2. Represents the per share price attributed to sales of shares on behalf of all participants under the sell-to-cover program on the transaction date indicated.
Key Figures
Key Terms
sell-to-cover program financial
tax withholding obligations financial
vesting of stock awards financial
401K Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MRCY report for EVP, CFO David E. Farnsworth in August 2026?
Were the August 2026 MRCY stock sales by David E. Farnsworth discretionary?
Does the MRCY Form 4 mention a Rule 10b5-1 trading plan for these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.