Form 4: Mercury Systems EVP, COO Wells Charles Roger IV Reports Stock Transactions

EVP, COO of Mercury Systems, Charles Roger Wells IV, reports the forfeiture and sale of company stock, along with adjustments to holdings.

Summary

• Charles Roger Wells IV, EVP and COO of Mercury Systems, reported several transactions involving the company's common stock.
• On February 15, 2025, 15,091 shares were forfeited due to performance-related reasons.
• On the same day, 127 excess shares were re-acquired by the company at fair market value to correct the number of shares issued under the employee stock purchase plan.
• On February 18, 2025, 2,342 shares were sold at $44.124 per share to cover tax withholding obligations upon the vesting of stock awards.
• Following these transactions, Wells directly owns 95,928 shares and indirectly owns 1,298 shares through a 401K plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.

Negatives

• Charles Roger Wells IV forfeited 15,091 shares of common stock due to performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

Form 4, Mercury Systems, MRCY, Charles Roger Wells IV, Stock Transactions, Beneficial Ownership, EVP, COO