4/A: Mercury Systems VP Corrects Stock Ownership in Amended SEC Filing
SEC Filing
Douglas Munro, VP and CAO of Mercury Systems, files an amendment to a previous SEC Form 4 to correct the number of shares held indirectly through the 401(k) plan.
Summary
- Douglas Munro, VP and CAO of Mercury Systems, filed an amended SEC Form 4 on September 18, 2024, to correct an error in the original filing from August 19, 2024.
- The amendment pertains to the number of Mercury Systems shares held indirectly through Munro's 401(k) plan.
- The original filing incorrectly reported 531 shares, while the corrected amount is 386 shares.
- The filing also indicates that Munro directly owns 15,706 shares of Mercury Systems common stock and acquired 5,364 restricted stock units on August 15, 2024, which vest annually over four years.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previously filed form. It doesn't contain any information that would significantly impact investor sentiment, but accuracy in reporting is always viewed positively.
Industry Context
This filing is a routine disclosure related to insider stock ownership and is required by the SEC to ensure transparency in the market. It doesn't necessarily reflect broader industry trends but is specific to the individual and the company.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction involving restricted stock units. |
| 08/19/2024 | Date of original SEC filing with incorrect information. |
| 09/18/2024 | Date of amended SEC filing with corrected information. |
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