Farnsworth David E. 4
4 · MERCURY SYSTEMS INC · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Mercury Systems (MRCY) CFO David Farnsworth Sells 3,625 Shares
What Happened
David E. Farnsworth, Executive Vice President and Chief Financial Officer of Mercury Systems, reported the sale of 3,625 shares on 2026-04-16 at a per-share price of $84.87, for a total value of $307,661. The filing indicates these shares were sold under a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards. This is a sale (not a purchase) and is commonly a routine, administrative transaction tied to compensation vesting.
Key Details
- Transaction date: 2026-04-16; Filing date (Form 4): 2026-04-17 (timely filed).
- Transaction type: Sale (reported as open market or private sale) — 3,625 shares × $84.87 = $307,661.
- Shares owned after transaction: Not disclosed in the provided filing data.
- Footnotes: F1 = sale part of sell-to-cover to satisfy tax withholding on vested awards; F2 = $84.87 is the per-share price attributed to sales for all participants under the sell-to-cover program on that date.
- No indication of a 10b5-1 plan or late filing in the submitted information.
Context: Sell-to-cover transactions are routine tax-withholding sales following vesting of equity awards and do not necessarily reflect an insider’s view on the company’s prospects. Purchases tend to be more indicative of bullish insider sentiment.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-04-16$84.87/sh−3,625$307,661→ 157,701 total
- 1,419(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Represents shares sold as part of a sell-to-cover program to satisfy tax withholding obligations upon the vesting of stock awards.
- [F2]Represents the per share price attributed to sales of shares on behalf of all participants under the sell-to-cover program on the transaction date indicated.