Mercury Systems (MRCY) director receives 170 deferred stock units in lieu of cash
Rhea-AI Filing Summary
Mercury Systems Inc. director Barry R. Nearhos reported an award of 170 deferred stock units (DSUs) on July 16, 2026, issued in lieu of a quarterly cash retainer and fully vested at grant. These DSUs convert into common shares only when he leaves the Board. After this award, his directly reported holdings total 31,494 units, with an additional 3,500 common shares held indirectly by his spouse.
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- None.
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Insider Trade Summary
Net Buyer: 170 shares
Net Buy
2 txns
Insider
Nearhos Barry R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 170 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,494 shares (Direct);
Common Stock — 3,500 shares (Indirect, By Spouse)
Footnotes (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: 170 units
Grant price per unit: 0.0000
Direct holdings after award: 31,494 units
+1 more
4 metrics
Deferred stock units granted
170 units
DSUs issued July 16, 2026 in lieu of quarterly cash retainer
Grant price per unit
0.0000
Reported per-unit value for the 170 deferred stock units
Direct holdings after award
31,494 units
Total units reported as directly held following the DSU grant
Indirect holdings by spouse
3,500 shares
Common stock reported as held indirectly through spouse
Key Terms
deferred stock units, DSUs, quarterly cash retainer payment
3 terms
deferred stock units financial
"Represents deferred stock units (DSUs) issued in lieu of a quarterly cash retainer"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DSUs financial
"These DSUs were fully vested upon grant, but do not convert into shares"
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
quarterly cash retainer payment financial
"issued in lieu of a quarterly cash retainer payment for service as a director"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mercury Systems (MRCY) disclose for Barry R. Nearhos?
Mercury Systems reported that director Barry R. Nearhos received 170 deferred stock units on July 16, 2026. These DSUs were issued in lieu of a quarterly cash retainer, are fully vested at grant, and will settle in common stock when he leaves the Board.
How many Mercury Systems (MRCY) securities does Barry R. Nearhos hold after this filing?
Following the DSU award, Barry R. Nearhos has 31,494 units reported as direct holdings and 3,500 common shares reported as held indirectly by his spouse. The DSUs convert into common stock only when he ceases serving on the Board.
What are the terms of the 170 deferred stock units granted by Mercury Systems (MRCY)?
The 170 deferred stock units were granted fully vested and issued instead of a cash retainer for director service. According to the disclosure, these DSUs do not convert into shares of common stock until Barry R. Nearhos is no longer a member of the Board of Directors.
Was the Mercury Systems (MRCY) insider award made under a Rule 10b5-1 plan?
The disclosure indicates the transaction was not made under a Rule 10b5-1 trading plan, as the related checkbox is marked false. The award represents director compensation in deferred stock units rather than an open-market trade.
How was the Mercury Systems (MRCY) director retainer paid in this period?
For this period, Barry R. Nearhos elected to receive 170 deferred stock units in lieu of a quarterly cash retainer for serving as a director. The DSUs are fully vested immediately but only convert into common shares when his Board service ends.