Mercury Systems (NASDAQ: MRCY) legal chief sells stock to cover taxes
Rhea-AI Filing Summary
MERCURY SYSTEMS INC (MRCY) reported insider activity by EVP, CLO & Corp Sec Stuart Kupinsky. He sold an aggregate 2,373 shares of common stock on August 17–18, 2026, at prices of $109.9509 and $111.3577 per share. Footnotes state these were part of a sell-to-cover program to satisfy tax withholding obligations upon vesting of stock awards, rather than discretionary sales. The filing also reports 1,233 shares of common stock held indirectly through a 401K Plan.
Positive
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Negative
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Insider Trade Summary
Net Seller: 2,373 shares
Net Sell
3 txns
Insider
KUPINSKY STUART
Role
EVP, CLO & Corp Sec
Sold
2,373 shs ($263K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,178 | $111.3577 | $131K |
| Sale | Common Stock F1, F2 | 1,195 | $109.9509 | $131K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,660 shares (Direct);
Common Stock — 1,233 shares (Indirect, 401K Plan)
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.
Key Figures
Shares sold August 18, 2026: 1,178 shares
Price August 18, 2026 sale: $111.3577 per share
Shares sold August 17, 2026: 1,195 shares
+3 more
6 metrics
Shares sold August 18, 2026
1,178 shares
Common stock sold at $111.3577 per share in open-market or private transactions
Price August 18, 2026 sale
$111.3577 per share
Attributed per-share price for sell-to-cover sales on that transaction date
Shares sold August 17, 2026
1,195 shares
Common stock sold at $109.9509 per share in open-market or private transactions
Price August 17, 2026 sale
$109.9509 per share
Attributed per-share price for sell-to-cover sales on that transaction date
Total shares sold
2,373 shares
Aggregate net shares sold across reported transactions, primarily for tax withholding
Indirect 401K holdings
1,233 shares
Common stock held indirectly through a 401K Plan as reported in holdings section
Key Terms
sell-to-cover program, tax withholding obligations, 401K Plan
3 terms
sell-to-cover program financial
"Represents shares sold as part of a sell-to-cover program to satisfy tax"
tax withholding obligations financial
"program to satisfy tax withholding obligations upon the vesting of stock awards"
401K Plan financial
"total shares following transaction 1,233.0000, 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 transactions were reported for MRCY EVP Stuart Kupinsky in this Form 4?
Stuart Kupinsky reported selling 2,373 shares of MERCURY SYSTEMS INC (MRCY) common stock on August 17–18, 2026. The sales were executed under a sell-to-cover program to satisfy tax withholding obligations when stock awards vested, according to the filing’s footnotes.
Were Stuart Kupinsky’s MRCY sales made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, and no footnote describes a Rule 10b5-1 arrangement. Instead, the footnotes describe the sales as part of a sell-to-cover program for tax withholding upon stock award vesting.
What is the nature of the sell-to-cover program mentioned in the MRCY Form 4?
The footnotes explain that the reported sales represent shares sold under a sell-to-cover program to satisfy tax withholding obligations when stock awards vest. The per-share prices reflect amounts attributed to sales on behalf of all participants in that program on each date.
AI-generated analysis. How Rhea-AI works. Not financial advice.