Mercury Systems (MRCY) CFO sells 3,625 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mercury Systems EVP and CFO David E. Farnsworth reported an open-market sale of 3,625 shares of common stock. Footnotes state the shares were sold under a sell-to-cover program to satisfy tax withholding obligations when stock awards vested, rather than as a discretionary sale.
After this transaction, he holds 157,701 shares directly and 1,419 shares indirectly through a 401K Plan, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,625 shares ($307,661)
Net Sell
2 txns
Insider
Farnsworth David E.
Role
EVP, CFO
Sold
3,625 shs ($308K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,625 | $84.8719 | $308K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 157,701 shares (Direct);
Common Stock — 1,419 shares (Indirect, 401K Plan)
Footnotes (1)
- Represents shares sold as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards. 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: 3,625 shares
Sale price per share: $84.8719 per share
Direct holdings after transaction: 157,701 shares
+1 more
4 metrics
Shares sold
3,625 shares
Open-market sale on 2026-04-16 as part of sell-to-cover
Sale price per share
$84.8719 per share
Attributed price for sell-to-cover sales on transaction date
Direct holdings after transaction
157,701 shares
Direct common stock ownership following reported sale
Indirect holdings after transaction
1,419 shares
Indirect ownership through 401K Plan after reported activity
Key Terms
sell-to-cover program, tax withholding obligations, 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 withholding obligations"
tax withholding obligations financial
"to satisfy tax withholding obligations upon the vesting of stock awards"
stock awards financial
"upon the vesting of stock awards"
401K Plan financial
"nature_of_ownership": "401K Plan""