Steven Ratner, Executive Vice President and Chief Human Resources Officer of Mercury Systems Inc, filed a Form 4 on August 18, 2026, reporting a disposition of 2,695 shares of common stock on August 14, 2026, due to forfeiture of performance stock awards for below-target results.

Key Highlights

  • Reporting person: Steven Ratner, EVP and CHRO of Mercury Systems Inc (NASDAQ:MRCY)
  • Transaction date: August 14, 2026
  • Shares disposed: 2,695 shares of common stock forfeited at a price of $0
  • Reason for forfeiture: According to the filing, the shares "were forfeited as a result of below-target performance" under performance stock awards
  • Direct holdings following transaction: 29,543 shares of common stock held directly
  • Indirect holdings: 356 shares held indirectly through a 401K Plan

Mercury Systems CHRO Reports Performance Award Forfeiture at $0

According to the Form 4 filed on August 18, 2026, Steven Ratner, who serves as Executive Vice President and Chief Human Resources Officer at Mercury Systems Inc, reported a disposition of 2,695 shares of common stock on August 14, 2026. The filing states the shares were disposed of with a transaction code of "D" (disposed) at a price of $0, and that they represent "shares underlying performance stock awards that were forfeited as a result of below-target performance."

Following the reported transaction, Ratner held 29,543 shares of Mercury Systems common stock directly, according to the filing. In addition, the filing discloses 356 shares held indirectly through a 401K Plan. No derivative securities were reported as acquired or disposed of in this filing.

The Form 4 was signed by Douglas Munro as attorney-in-fact on behalf of Ratner and submitted to the SEC on August 18, 2026. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 and reflects a single transaction with an earliest transaction date of August 14, 2026.

What Was Disclosed

Steven Ratner, EVP and CHRO of Mercury Systems Inc (NASDAQ:MRCY), disclosed a forfeiture of 2,695 performance stock award shares at $0 on August 14, 2026, attributed to below-target performance, leaving him with 29,543 directly held shares and 356 shares through a 401K Plan.