Mercury Systems CFO forfeits 16,275 stock awards
For MERCURY SYSTEMS INC (MRCY), EVP and CFO David E. Farnsworth reported a disposition of 16,275 shares of common stock on 2026-08-14.
Rhea-AI Filing Summary
For MERCURY SYSTEMS INC (MRCY), EVP and CFO David E. Farnsworth reported a disposition of 16,275 shares of common stock on 2026-08-14. These shares represented performance stock awards that were forfeited due to below-target performance and returned to the issuer. Following this forfeiture, Farnsworth directly holds 141,426 common shares and indirectly holds 1,516 shares through a 401K Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 16,275 shares
Disposition
2 txns
Insider
Farnsworth David E.
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 16,275 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 141,426 shares (Direct);
Common Stock — 1,516 shares (Indirect, 401K Plan)
Footnotes (1)
- F1. Represents shares underlying performance stock awards that were forfeited as a result of below-target performance.
Key Figures
Shares forfeited: 16,275 shares
Transaction price per share: $0.0000 per share
Direct holdings after transaction: 141,426 shares
+2 more
5 metrics
Shares forfeited
16,275 shares
Common Stock performance awards forfeited and disposed to issuer on 2026-08-14
Transaction price per share
$0.0000 per share
Reported price for the 16,275 forfeited Common Stock shares
Direct holdings after transaction
141,426 shares
Common Stock directly owned by David E. Farnsworth following the forfeiture
Indirect 401K holdings
1,516 shares
Common Stock held indirectly through a 401K Plan after the reported date
Disposition transactions
1 transaction
Number of dispose-type transactions in the filing’s transaction summary
Key Terms
Disposition to issuer, performance stock awards, 401K Plan
3 terms
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
performance stock awards financial
"shares underlying performance stock awards that were forfeited"
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.
FAQ
What insider transaction did MRCY executive David E. Farnsworth report on this Form 4?
David E. Farnsworth reported a disposition of 16,275 shares of Mercury Systems common stock on 2026-08-14. The shares were forfeited performance stock awards returned to the issuer after below-target performance.
What caused the forfeiture of the MRCY performance stock awards in this Form 4?
The forfeited 16,275 shares represented shares underlying performance stock awards that were forfeited as a result of below-target performance, according to the transaction footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.