Mercury Systems director receives 245 stock units
Mercury Systems Inc director Barry R. Nearhos received a grant of 245 deferred stock units in lieu of a quarterly cash retainer for his board service.
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Form Type
4
Rhea-AI Filing Summary
Mercury Systems Inc director Barry R. Nearhos received a grant of 245 deferred stock units in lieu of a quarterly cash retainer for his board service. These units were fully vested on grant but will not convert into common stock until he leaves the Board of Directors. Following this award, he holds 31,324 deferred stock units directly and has an additional 3,500 shares reported as indirectly owned through his spouse.
Insider Trade Summary
Grant/Award: 245 shares
Grant/Award
2 txns
Insider
Nearhos Barry R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 245 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,324 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: 245 units
Direct deferred stock units after grant: 31,324 units
Indirectly owned common shares: 3,500 shares
3 metrics
Deferred stock units granted
245 units
Quarterly cash retainer replacement for director service
Direct deferred stock units after grant
31,324 units
Held by director Barry R. Nearhos following the April 16, 2026 grant
Indirectly owned common shares
3,500 shares
Reported as owned indirectly by spouse
Key Terms
deferred stock units (DSUs), quarterly cash retainer, fully vested upon grant, Board of Directors
4 terms
deferred stock units (DSUs) financial
"Represents deferred stock units (DSUs) issued in lieu of a quarterly cash retainer payment"
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.
quarterly cash retainer financial
"issued in lieu of a quarterly cash retainer payment for service as a director"
fully vested upon grant financial
"These DSUs were fully vested upon grant, but do not convert into shares"
Board of Directors financial
"until the date on which the reporting person ceases to be a member of our Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mercury Systems (MRCY) report for Barry R. Nearhos?
Mercury Systems reported that director Barry R. Nearhos received 245 deferred stock units. The units were granted as compensation in lieu of a quarterly cash retainer for board service and were fully vested upon grant but settle in common stock only when he leaves the board.
How many Mercury Systems (MRCY) deferred stock units does Barry R. Nearhos now hold?
After the latest grant, Barry R. Nearhos holds 31,324 deferred stock units directly. These units are fully vested but will not convert into shares of common stock until he ceases to be a member of the Mercury Systems Board of Directors.
Are the new Mercury Systems (MRCY) stock units for Barry R. Nearhos immediately tradeable?
The 245 deferred stock units granted to Barry R. Nearhos are not immediately tradeable as common stock. They are fully vested but will convert into shares of Mercury Systems common stock only when he is no longer serving on the Board of Directors.
How are Barry R. Nearhos’s Mercury Systems (MRCY) indirect holdings reported?
In addition to his direct deferred stock units, 3,500 shares of Mercury Systems common stock are reported as indirectly owned by Barry R. Nearhos through his spouse. This reflects family-related ownership and is disclosed separately from his direct deferred stock unit holdings.
What is the purpose of the deferred stock units granted to Mercury Systems (MRCY) directors?
The deferred stock units granted to Mercury Systems directors, such as the 245 units for Barry R. Nearhos, are issued instead of a quarterly cash retainer. They provide equity-based compensation that vests immediately but settles in common stock only after the director leaves the board.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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