Munro Douglas 4

What Happened
Munro Douglas, Senior Vice President and Chief Accounting Officer of Mercury Systems (MRCY), sold 582 shares on February 17, 2026 at $83.56 per share, generating $48,629 in proceeds. The sale is reported as an open-market transaction and is coded as a sale (S).

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (timely filing).
• Price: $83.56 per share; Total proceeds: $48,629.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares sold under a sell-to-cover program to satisfy tax withholding on vested awards; F2 — per-share price reflects sales attributed to all participants in that sell-to-cover program on the transaction date.
• Transaction type: Sale (S); method reported as open market/private sale.

Context
A sell-to-cover sale is a routine tax-withholding action when restricted stock or other awards vest; it converts enough vested shares to cash to cover tax obligations. Such transactions are common and do not necessarily indicate the insider's broader view of the company.