[Form 4] MERCURY SYSTEMS INC Insider Trading Activity
Mercury Systems executive Stuart Kupinsky reported an insider stock sale mainly tied to taxes.
Rhea-AI Filing Summary
Mercury Systems executive Stuart Kupinsky reported an insider stock sale mainly tied to taxes. As EVP, CLO & Corporate Secretary, he sold 2,287 shares of Mercury Systems common stock in an open-market transaction at an average price of $83.5554 per share.
According to the footnotes, these shares were sold under a sell-to-cover program to satisfy tax withholding obligations upon vesting of stock awards, indicating the sale was driven by tax requirements rather than a discretionary portfolio decision. After this transaction, Kupinsky held 68,010 shares directly and 1,082 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,287 | $83.5554 | $191K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares sold as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards.
- F2. 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 insider transaction did Mercury Systems (MRCY) report for Stuart Kupinsky?
Was the MRCY insider sale by Stuart Kupinsky a discretionary transaction?
What role does Stuart Kupinsky hold at Mercury Systems (MRCY) in this Form 4 filing?
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