Form 4: Mercury Systems CEO William Ballhaus Reports Stock Transactions
SEC Form 4 Filing
William Ballhaus, Chairman, President & CEO of Mercury Systems Inc, reports disposition of shares to cover tax obligations and holdings in 401K Plan and Milestone Road Holdings, LLC.
Summary
- On June 24, 2024, William L Ballhaus, Chairman, President & CEO of Mercury Systems Inc, reported transactions involving the company's common stock.
- 567 shares were disposed of to satisfy tax obligations at a price of $28.24 per share.
- Ballhaus directly owns 291,024.325 shares of common stock following the transaction.
- Ballhaus indirectly owns 689 shares through a 401K Plan.
- Ballhaus indirectly owns 7,066.173 shares through Milestone Road Holdings, LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for insider transactions. It provides transparency into the trading activities of company executives and directors, allowing investors to monitor their investment.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/24/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 06/26/2024 | Date of signature for the report. |
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