Form 4: Mercury Systems VP, CAO Douglas Munro Reports Sale of Common Stock
SEC Form 4 Filing
Douglas Munro, VP, CAO of Mercury Systems Inc., reports the sale of 69 shares of common stock on September 16, 2024, to cover tax obligations.
Summary
- On September 16, 2024, Douglas Munro, VP, CAO of Mercury Systems Inc., sold 69 shares of common stock.
- The sale was executed at a price of $37.5975 per share.
- The transaction was part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards.
- Following the transaction, Munro directly owns 15,292 shares of common stock and indirectly owns 515 shares through a 401K plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock sale for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This sale appears to be routine, related to tax obligations.
Stakeholder Impact
- The impact on stakeholders is likely minimal, as the transaction is a small sale of shares by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of the stock sale transaction. |
| 09/18/2024 | Date of signature on the Form 4 filing. |
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