Mercury Systems director gets 235 deferred stock units

The DSUs were fully vested when granted but convert into common stock only when Nearhos ceases to be a Board member.

Rhea-AI Filing Summary

Mercury Systems director Barry R. Nearhos received 235 deferred stock units (DSUs) on October 15, 2026, in lieu of a quarterly cash retainer payment. The DSUs were fully vested upon grant but convert into common stock only when he ceases to be a member of the Board. His reported direct position after the grant was 31,729 shares; the filing also lists 3,500 shares held indirectly by his spouse.

Insider Trade Summary

Grant/Award: 235 shares

Grant/Award 2 txns

Insider Nearhos Barry R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	235	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 31,729 shares (Direct); Common Stock — 3,500 shares (Indirect, By Spouse)

Footnotes (1)

1. F1. Represents deferred stock units (DSUs) issued in lieu of a quarterly cash retainer payment for service as a director. These DSUs were fully vested upon grant, but do not convert into shares of common stock until the date on which the reporting person ceases to be a member of our Board of Directors.

Key Figures

Deferred stock units granted: 235 DSUs Reported direct position after grant: 31,729 shares Indirect holdings: 3,500 shares

3 metrics

Deferred stock units granted 235 DSUs October 15, 2026; in lieu of a quarterly cash retainer payment

Reported direct position after grant 31,729 shares Barry R. Nearhos

Indirect holdings 3,500 shares Held by spouse

Key Terms

deferred stock units (DSUs), fully vested, quarterly cash retainer

3 terms

deferred stock units (DSUs) financial

"Represents deferred stock units (DSUs)"

Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.

fully vested financial

"These DSUs were fully vested upon grant"

quarterly cash retainer financial

"in lieu of a quarterly cash retainer payment"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DSUs did MRCY director Barry R. Nearhos receive?

Barry R. Nearhos received 235 deferred stock units on October 15, 2026, in lieu of a quarterly cash retainer payment. The DSUs were fully vested upon grant.

When do Barry R. Nearhos's MRCY DSUs convert into common stock?

The DSUs convert into shares of common stock on the date Barry R. Nearhos ceases to be a member of the Board of Directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:25 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:25 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nearhos Barry R

(Last) (First) (Middle)

50 MINUTEMAN ROAD

(Street)

ANDOVER MASSACHUSETTS 01810

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MERCURY SYSTEMS INC [ MRCY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/15/2026		A		235(1)	A	$0	31,729	D
Common Stock								3,500	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents deferred stock units (DSUs) issued in lieu of a quarterly cash retainer payment for service as a director. These DSUs were fully vested upon grant, but do not convert into shares of common stock until the date on which the reporting person ceases to be a member of our Board of Directors.

	/s/ Douglas Munro, attorney-in-fact	10/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)