Mercury Systems (MRCY) SVP uses sell-to-cover to sell 582 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mercury Systems Inc. senior vice president and chief accounting officer Douglas Munro reported an open-market sale of 582 shares of common stock on February 17, 2026. The shares were sold at a price of $83.5554 per share as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards.
After this transaction, Munro directly held 14,328 shares of Mercury Systems common stock and indirectly held 248 shares through a 401(k) plan. The filing indicates this was a tax-related sale rather than a discretionary reduction of his overall economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 582 shares ($48,629)
Net Sell
2 txns
Insider
Munro Douglas
Role
SVP, CAO
Sold
582 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 582 | $83.5554 | $49K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,328 shares (Direct);
Common Stock — 248 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.
FAQ
What did Mercury Systems (MRCY) executive Douglas Munro report in this Form 4?
Douglas Munro reported selling 582 shares of Mercury Systems common stock on February 17, 2026. The shares were sold under a sell-to-cover program to satisfy tax withholding obligations tied to vested stock awards.
Does the Form 4 indicate ongoing plan participation for Douglas Munro at Mercury Systems (MRCY)?
Yes. The filing references a sell-to-cover program used to satisfy tax withholding upon vesting of stock awards and notes 401(k) plan holdings, suggesting participation in equity and retirement benefit programs.