Form 4: Mercury Systems EVP, CFO David Farnsworth Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
David E. Farnsworth, EVP and CFO of Mercury Systems Inc, reports acquiring 22,306 shares of common stock in the form of restricted stock units on April 15, 2025.
Summary
- On April 15, 2025, David E. Farnsworth, the EVP and CFO of Mercury Systems Inc., acquired 22,306 shares of common stock.
- These shares were received as restricted stock units.
- The restricted stock units vest in equal annual increments over a three-year period following the grant date.
- Following the transaction, Farnsworth directly owns 163,084 shares of common stock and indirectly owns 1,110 shares through a 401K plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The acquisition of restricted stock units by a key executive is generally a positive sign, indicating confidence in the company's future.
Positives
- The acquisition of restricted stock units suggests confidence in the company's future performance.
Future Outlook
The restricted stock units vest over a three-year period, incentivizing the executive to contribute to the company's long-term success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a key executive at Mercury Systems.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder confidence due to the insider's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Acquisition of restricted stock units. |
| 04/17/2025 | Date of signature on the report. |
Keywords
Form 4, insider trading, restricted stock units, beneficial ownership, MRCY, Mercury Systems, Farnsworth, CFO
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