Form 4: Mercury Systems EVP, CCO Stephanie Georges Sells Shares to Cover Tax Obligations

Stephanie Georges, EVP, CCO of Mercury Systems, sold 1,340 shares of common stock on August 19, 2024, to cover tax withholding obligations upon the vesting of stock awards.

Summary

• On August 19, 2024, Stephanie Georges, the EVP, CCO of Mercury Systems, sold 1,340 shares of the company's common stock.
• The sale was executed at a price of $39.4851 per share.
• This transaction was part of a sell-to-cover program to satisfy tax withholding obligations related to the vesting of stock awards.
• Following the transaction, Ms. Georges directly owns 32,259 shares of Mercury Systems common stock.
• She also indirectly owns 1,419 shares through a 401K plan and 300 shares through the Georges Family Revocable Living Trust.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's outlook on the company.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who sell shares to cover tax obligations related to stock awards. It doesn't necessarily indicate a change in the executive's confidence in the company.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact as it is a routine transaction.

Key Dates