Form 4: Mercury Systems VP, CAO Douglas Munro Sells Shares to Cover Tax Obligations

Douglas Munro, VP, CAO of Mercury Systems Inc., sold 595 shares of common stock on February 18, 2025, to cover tax obligations related to vesting stock awards.

Summary

• On February 18, 2025, Douglas Munro, VP, CAO of Mercury Systems Inc. (MRCY), sold 595 shares of common stock.
• The sale was executed at a price of $44.124 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 14,572 shares of Mercury Systems Inc.
• Munro also indirectly owns 708 shares through a 401K plan.
• Additionally, 125 excess shares were re-acquired by the Company at fair market value to correct the number of shares issued to the reporting person under the Company's employee stock purchase plan.

Sentiment

Score: 5

Explanation: The document reflects a neutral sentiment as it reports a routine transaction (sell-to-cover) by a company executive. There is no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates

Keywords

Form 4, MRCY, Mercury Systems Inc, Douglas Munro, Stock Sale, Sell-to-Cover, Tax Obligations, Insider Trading