Nearhos Barry R 4
Research Summary
AI-generated summary
Mercury Systems (MRCY) Director Barry Nearhos Receives Award
What Happened
Barry R. Nearhos, a director of Mercury Systems, was granted 170 deferred stock units (DSUs) on July 16, 2026. The units were issued at $0.00 (no cash paid) and are reported as an award/grant (code A) — total reported acquisition value $0.00. This was an award in lieu of a quarterly cash retainer, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-16; Transaction type: Award/Grant (A); Price reported: $0.00.
- Shares/units granted: 170 deferred stock units (DSUs). Reported acquisition value: $0.00.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: DSUs were fully vested upon grant but do not convert into common shares until the director leaves the Board.
- Timeliness: Filing shows the transaction period ending 2026-07-16; no late-filing indication noted in the provided data.
Context
DSUs are commonly used for director compensation and do not represent immediate tradable shares; they convert into common stock only upon the director’s departure from the board. Because this was an award (not a purchase or sale), it should be viewed as routine compensation rather than a direct market sentiment signal.