4/A: Mercury Systems CEO William Ballhaus Corrects Stock Ownership in Amended SEC Filing

William Ballhaus, CEO of Mercury Systems, files an amendment to a previous SEC Form 4 to correct the number of shares held indirectly through the 401(k) plan.

Summary

• William L Ballhaus, Chairman, President, and CEO of Mercury Systems Inc (MRCY), filed an amended Form 4 with the SEC on September 18, 2024.
• The amendment corrects an error in the original filing regarding the number of shares held indirectly through the 401(k) plan.
• The corrected amount of the issuer's shares indirectly held through the 401k plan as of the original filing date was 685 shares, not 976 shares as previously reported.
• The original transaction date was August 15, 2024.
• Ballhaus directly owns 360,030.325 shares of common stock.
• He also indirectly owns 685 shares through a 401K Plan and 7,066.173 shares By Milestone Road Holdings, LLC.
• He acquired 69,006 shares of common stock at $0 on August 15, 2024.
• These shares are restricted stock units that vest in 50%, 25%, and 25% increments on the first, second, and third anniversaries following the grant date, respectively.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of an error is a neutral event.

Industry Context

This filing is a routine disclosure related to executive stock ownership and is specific to Mercury Systems and its CEO. It doesn't provide broad insights into the defense electronics industry.

Key Dates