Mercury Systems (NASDAQ: MRCY) CFO sells 14,767 shares in tax-withholding trades
Rhea-AI Filing Summary
MERCURY SYSTEMS INC (MRCY) reported that its EVP and CFO, David E. Farnsworth, sold common stock in transactions tied to equity award vesting. On August 19, 2026, he sold 8,155 shares at a per-share price of $100.3060, and on August 20, 2026, he sold 6,612 shares at $97.6734. Footnotes state these sales were made under a sell-to-cover program to satisfy tax withholding obligations upon vesting of stock awards, and the prices reflect amounts attributed to all participants in the program on each date. A separate line shows indirect ownership of 1,516 shares held through a 401K Plan.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 14,767 shares
Net Sell
3 txns
Insider
Farnsworth David E.
Role
EVP, CFO
Sold
14,767 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,612 | $97.6734 | $646K |
| Sale | Common Stock F1, F2 | 8,155 | $100.306 | $818K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 117,967 shares (Direct);
Common Stock — 1,516 shares (Indirect, 401K Plan)
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
Shares sold on 2026-08-19: 8,155 shares of Common Stock
Price per share on 2026-08-19: $100.3060 per share
Shares sold on 2026-08-20: 6,612 shares of Common Stock
+3 more
6 metrics
Shares sold on 2026-08-19
8,155 shares of Common Stock
Sale transaction by EVP, CFO David E. Farnsworth on August 19, 2026
Price per share on 2026-08-19
$100.3060 per share
Attributed price for sales under the sell-to-cover program on August 19, 2026
Shares sold on 2026-08-20
6,612 shares of Common Stock
Sale transaction by EVP, CFO David E. Farnsworth on August 20, 2026
Price per share on 2026-08-20
$97.6734 per share
Attributed price for sales under the sell-to-cover program on August 20, 2026
Total shares sold
14,767 shares of Common Stock
Aggregate of both reported sale transactions
Indirect holdings in 401K Plan
1,516 shares of Common Stock
Indirect ownership reported as of August 19, 2026
Key Terms
sell-to-cover program, tax withholding obligations, 401K Plan, Rule 10b5-1
4 terms
sell-to-cover program financial
"Represents shares sold as part of a sell-to-cover program to satisfy"
tax withholding obligations financial
"program to satisfy tax withholding obligations upon the vesting of stock"
401K Plan financial
"nature_of_ownership": "401K Plan""
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
Rule 10b5-1 regulatory
"The document-level indicator for Rule 10b5-1 plans is set"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did MRCY EVP & CFO David E. Farnsworth report?
David E. Farnsworth reported two sales of MERCURY SYSTEMS INC (MRCY) common stock: 8,155 shares on August 19, 2026 and 6,612 shares on August 20, 2026, executed as open-market or private sales according to the Form 4 data.
Were the MRCY insider sales under a Rule 10b5-1 trading plan?
The document-level indicator for Rule 10b5-1 plans is set to false, meaning the Form 4 does not characterize these MRCY transactions as being effected pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.