MERCURY SYSTEMS INC·4

Feb 19, 4:47 PM ET

KUPINSKY STUART 4

Research Summary

AI-generated summary

Updated

MERCURY SYSTEMS (MRCY) EVP Stuart Kupinsky Sells Shares

What Happened
Stuart Kupinsky, EVP, Chief Legal Officer and Corporate Secretary of Mercury Systems (MRCY), sold 2,287 shares on February 17, 2026 at $83.56 per share for proceeds of $191,091. The sale was reported on a Form 4 filed Feb 19, 2026 and is listed as a sale (S) performed under a sell‑to‑cover program to satisfy tax withholding obligations upon the vesting of stock awards.

Key Details

  • Transaction date: 2026-02-17; per-share price reported: $83.56 (footnote indicates this price is attributed to aggregated sales for all participants on that date).
  • Shares sold: 2,287; gross proceeds: $191,091.
  • Reason: Footnote states the sale represents shares sold to satisfy tax withholding on vested awards (sell‑to‑cover).
  • Filing: Form 4 filed 2026-02-19 — appears to be timely (filed within standard Form 4 reporting window).
  • Shares owned after the transaction: not specified in the provided filing data.

Context
Sell‑to‑cover transactions are common when restricted stock or other awards vest and shares are sold to cover tax withholding; such sales are routine and do not necessarily indicate management sentiment about the company’s stock. This transaction is a sale (routine tax-related), not a purchase or exercise indicating additional personal investment.