MRCY EVP Steven Ratner Forfeits 2,695 Shares

What Happened

• Steven Ratner, EVP and Chief Human Resources Officer of Mercury Systems (MRCY), had 2,695 shares disposed to the issuer on Aug 14, 2026. The reported price was $0.00, resulting in $0 proceeds — this was a forfeiture of performance stock awards, not an open-market sale.

Key Details

• Transaction date: 2026-08-14; Report filed: 2026-08-18 (filed four days after the transaction).
• Transaction type/code: Disposition to issuer (D); reported price per share: $0.00; total reported value: $0.
• Shares owned after the transaction: not specified in the provided data.
• Footnote: F1 — these shares represented performance stock awards that were forfeited due to below-target performance.
• Filing timeliness: The Form 4 was filed four days after the transaction date; this may be outside the usual 2-business-day Form 4 reporting window.

Context

• This was a forfeiture of unvested/performance-based awards, which is an administrative cancellation and does not indicate an insider selling shares for cash. For retail investors, forfeitures reflect award plan outcomes rather than a direct signal about the insider’s view of the company.