Mercury Systems (NASDAQ: MRCY) CAO sells shares to cover taxes
Rhea-AI Filing Summary
MERCURY SYSTEMS INC (MRCY) reported that officer Douglas Munro, SVP and Chief Accounting Officer, sold a total of 657 shares of common stock in August 2026. These sales were executed under a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards, and not as discretionary open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 657 shares
Net Sell
3 txns
Insider
Munro Douglas
Role
SVP, CAO
Sold
657 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 109 | $97.6734 | $11K |
| Sale | Common Stock F1, F2 | 548 | $100.306 | $55K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,982 shares (Direct);
Common Stock — 359 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 August 19, 2026: 548 shares
Sale price on August 19, 2026: $100.3060 per share
Shares sold on August 20, 2026: 109 shares
+3 more
6 metrics
Shares sold on August 19, 2026
548 shares
Common Stock sale by Douglas Munro as part of sell-to-cover program
Sale price on August 19, 2026
$100.3060 per share
Attributed per-share price for sell-to-cover sales on behalf of participants
Shares sold on August 20, 2026
109 shares
Common Stock sale by Douglas Munro as part of sell-to-cover program
Sale price on August 20, 2026
$97.6734 per share
Attributed per-share price for sell-to-cover sales on behalf of participants
Total shares sold
657 shares
Aggregate of the two reported Common Stock sales in August 2026
Indirect holdings in 401K Plan
359 shares
Common Stock held indirectly through a 401K Plan as of August 19, 2026
Key Terms
sell-to-cover program, tax withholding obligations, vesting of stock awards, 401K Plan
4 terms
sell-to-cover program financial
"Represents shares sold as part of a sell-to-cover program to satisfy tax"
tax withholding obligations financial
"sell-to-cover program to satisfy tax withholding obligations upon the vesting"
vesting of stock awards financial
"tax withholding obligations upon the vesting of stock awards."
401K Plan financial
"total_shares_following_transaction": "359.0000", "direct_or_indirect": "I", "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.
FAQ
What insider transactions did MRCY disclose for Douglas Munro in this Form 4?
Douglas Munro reported selling 657 shares of MERCURY SYSTEMS INC common stock in August 2026 through two transactions that were part of a sell-to-cover program related to tax withholding on vested stock awards.
Were Douglas Munro’s MRCY stock sales part of a discretionary trading decision?
No. Footnotes state the sales represent shares sold as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards, rather than discretionary open-market selling.
What indirect holdings of MRCY stock does Douglas Munro report after these transactions?
The Form 4 reports 359 shares of MERCURY SYSTEMS INC common stock held indirectly through a 401K Plan as of August 19, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.