Mercury Systems EVP forfeits 6,977 stock awards
MERCURY SYSTEMS INC (MRCY) reported that executive officer Stuart Kupinsky, EVP, CLO & Corp Sec, had 6,977 shares of common stock disposed of in a transaction with the issuer on 2026-08-14.
Rhea-AI Filing Summary
MERCURY SYSTEMS INC (MRCY) reported that executive officer Stuart Kupinsky, EVP, CLO & Corp Sec, had 6,977 shares of common stock disposed of in a transaction with the issuer on 2026-08-14. According to a footnote, these shares represented performance stock awards that were forfeited due to below-target performance under the award terms. After this forfeiture, Kupinsky directly holds 61,033 shares of MRCY common stock and indirectly holds 1,233 shares through a 401K Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 6,977 shares
Disposition
2 txns
Insider
KUPINSKY STUART
Role
EVP, CLO & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 6,977 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 61,033 shares (Direct);
Common Stock — 1,233 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 disposed (forfeited PSAs): 6,977 shares
Direct holdings after transaction: 61,033 shares
Indirect 401K holdings: 1,233 shares
+1 more
4 metrics
Shares disposed (forfeited PSAs)
6,977 shares
Common stock underlying performance stock awards disposed of to issuer on 2026-08-14
Direct holdings after transaction
61,033 shares
Direct MRCY common stock held by Stuart Kupinsky following the forfeiture
Indirect 401K holdings
1,233 shares
Indirect MRCY common stock held through a 401K Plan after the transaction
Per-share transaction price
$0.00
Reported price per share for the disposition to issuer of forfeited performance awards
Key Terms
performance stock awards, forfeited, Disposition to issuer, 401K Plan
4 terms
performance stock awards financial
"Represents shares underlying performance stock awards that were forfeited"
forfeited financial
"awards that were forfeited as a result of below-target performance"
Disposition to issuer financial
"transaction_code_description":"Disposition to issuer"
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 report for Stuart Kupinsky on this Form 4?
MERCURY SYSTEMS INC reported that Stuart Kupinsky had 6,977 shares of common stock disposed of in a transaction with the issuer. The shares were associated with performance stock awards that were forfeited under their terms.
Was the MRCY insider transaction by Stuart Kupinsky a market sale?
No. The Form 4 describes the transaction as a disposition to the issuer with a per-share price of $0.00. A footnote clarifies it involved forfeited performance stock awards, not an open-market sale.
Did the MRCY Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is marked false for this filing. The transaction relates to forfeited performance stock awards, rather than trades executed under a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
