Form 4: Mercury Systems Director Nearhos Acquires and Disposes of Shares

Director Barry R. Nearhos of Mercury Systems Inc. reports acquiring and disposing of common stock and deferred stock units.

Summary

• On October 23, 2024, Barry R. Nearhos, a director of Mercury Systems Inc., reported transactions involving the company's stock.
• Nearhos acquired 4,832 shares of common stock.
• These shares were acquired as deferred stock units (DSUs) that vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders.
• Vested DSUs do not convert into shares of common stock until Nearhos ceases to be a member of the Board of Directors.
• Nearhos also disposed of 3,500 shares of common stock held indirectly through a spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a company director, providing transparency into insider activity.

Key Dates