4/A: Mercury Systems EVP Stephanie Georges Amends SEC Filing to Correct 401(k) Share Count

Stephanie Georges, EVP and CCO 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

• Stephanie Georges, an EVP and CCO at Mercury Systems Inc., filed an amended Form 4 with the SEC.
• The amendment corrects an error in the original filing regarding the number of shares held indirectly through her 401(k) plan.
• The original filing incorrectly reported 1,419 shares, while the corrected amount is 1,030 shares.
• Additionally, 4,720 shares underlying performance stock awards were forfeited due to below-target performance.
• After the reported transactions, Georges directly owns 33,599 shares of Mercury Systems common stock.
• She also indirectly owns 1,030 shares through a 401K plan and 300 shares through the Georges Family Revocable Living Trust.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing correcting a clerical error and reporting a forfeiture of shares due to performance. It's neutral overall, with a slight negative due to the forfeited shares.

Negatives

• 4,720 shares underlying performance stock awards were forfeited due to below-target performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and any changes in those holdings.

Stakeholder Impact

• The correction of the 401(k) share count ensures accurate reporting to shareholders.
• The forfeiture of performance stock awards may reflect on employee morale, but is tied to company performance.

Key Dates