Form 4: Mercury Systems EVP Stuart Kupinsky Reports Stock Sale to Cover Tax Obligations

Stuart Kupinsky, EVP, CLO & Corp Sec of Mercury Systems Inc, reports selling 2,377 shares of common stock to cover tax obligations related to vesting stock awards.

Summary

• Stuart Kupinsky, an executive at Mercury Systems Inc, filed a Form 4 with the SEC on February 19, 2025.
• The form reports a transaction that occurred on February 18, 2025, where Mr. Kupinsky sold 2,377 shares of Mercury Systems common stock.
• The sale was executed at a price of $44.124 per share.
• This transaction was part of a 'sell-to-cover' program to satisfy tax withholding obligations upon the vesting of stock awards.
• Following the transaction, Mr. Kupinsky directly owns 62,834 shares of Mercury Systems common stock and indirectly owns 728 shares through a 401K plan.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company's performance.

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. This transaction appears to be a routine sell-to-cover to manage tax obligations associated with stock vesting.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholders, but this transaction is likely too small to have a significant effect.

Key Dates