MRCY.NASDAQMercury Systems INC

4/A: Mercury Systems EVP, COO Charles Roger Wells IV Amends SEC Filing to Correct 401(k) Share Count

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SEC Filing Amendment

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Charles Roger Wells IV, EVP and COO of Mercury Systems, filed an amendment to a previous SEC Form 4 filing to correct the number of shares held indirectly through the 401(k) plan.

Summary

  • Charles Roger Wells IV, the EVP and COO of Mercury Systems, filed an amended SEC Form 4/A on September 18, 2024.
  • This amendment corrects an error in the original filing from August 19, 2024, regarding the number of Mercury Systems shares held indirectly through the 401(k) plan.
  • The original filing incorrectly reported 1,533 shares, while the corrected amount is 1,113 shares.
  • The filing also indicates that Wells acquired 26,095 shares of common stock on August 15, 2024, and directly owns 131,754 shares.
  • A portion of the directly held 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 an SEC filing. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.

Industry Context

This filing is a routine disclosure related to executive stock ownership and is specific to Mercury Systems and its executive, Charles Roger Wells IV. It doesn't directly reflect broader industry trends.

Stakeholder Impact

  • The correction of the filing ensures accurate information for shareholders regarding executive stock ownership.

Key Dates

DateDescription
08/15/2024Date of transaction where 26,095 shares of common stock were acquired.
08/19/2024Date of original SEC Form 4 filing that contained an error.
09/18/2024Date of the amended SEC Form 4/A filing to correct the 401(k) share count.

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