Director Barry R. Nearhos filed a Form 4 with the SEC on October 29, 2026, reporting the acquisition of 2,348 deferred stock units in Mercury Systems Inc on October 28, 2026, at no cost.

Key Highlights

  • Transaction: Barry R. Nearhos acquired 2,348 deferred stock units (DSUs) in Mercury Systems Inc on October 28, 2026, at a price of $0.
  • Vesting terms: The DSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders, according to the filing.
  • Conversion condition: Vested DSUs do not convert into shares of common stock until the reporting person ceases to be a member of the Board of Directors.
  • Direct holdings following transaction: Nearhos directly holds 34,077 shares of common stock following the reported transaction.
  • Indirect holdings: An additional 3,500 shares are held indirectly by Nearhos's spouse, as disclosed in the filing.
  • Role: Nearhos is identified as a Director of Mercury Systems Inc (NASDAQ:MRCY).

Nearhos DSU Award Details and Beneficial Ownership at Mercury Systems

According to the Form 4 filed on October 29, 2026, Barry R. Nearhos, a Director of Mercury Systems Inc (NASDAQ:MRCY), reported the acquisition of 2,348 deferred stock units on October 28, 2026. The transaction code is listed as "A" (acquired), and the price per unit is recorded as $0, indicating no cash consideration was paid for the award.

The filing's footnote states that the DSUs "vest on the earlier of the first anniversary of the grant date and the next annual meeting of shareholders." It further notes that "vested DSUs do not convert into shares of common stock until the date on which the reporting person ceases to be a member of our Board of Directors." Following this transaction, the filing reports that Nearhos directly beneficially owns 34,077 shares of Mercury Systems common stock. An additional 3,500 shares are reported as indirectly owned through his spouse.

The Form 4 was signed by Douglas Munro as attorney-in-fact on October 29, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing disclosed a grant of 2,348 DSUs to Director Barry R. Nearhos at no cost on October 28, 2026, with vesting tied to the earlier of one year or the next annual shareholder meeting, and conversion to common stock deferred until board departure.