Director Sells Mercury Systems Shares After 100% Run

1 week ago 9

Sarah Sidlow, The Motley Fool

Tue, March 24, 2026 astatine 11:08 AM CDT 4 min read

On Feb. 25, 2026, Howard L. Lance, manager astatine Mercury Systems (NASDAQ:MRCY), reported an open-market merchantability of 4,832 communal shares for a transaction worth of astir $430,000, according to the SEC Form 4 filing.

Metric

Value

Context

Shares sold (direct)

4,832

Open-market shares sold connected Feb. 25, 2026

Transaction value

$430,000

Based connected weighted mean merchantability terms of $88.98 per share

Post-transaction shares (direct)

27,272

Directly held aft sale

Post-transaction shares (indirect)

9,250

Indirectly held via spot aft sale

Post-transaction worth (direct ownership)

~$2.44 million

Calculated utilizing Feb. 25, 2026 marketplace close

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($88.98); post-transaction worth calculated utilizing the Feb. 25, 2026 marketplace close.

  • How does this merchantability comparison to Lance’s humanities transaction pattern?
    This transaction is his lone open-market merchantability successful the past 2 years.

  • What proportionality of Lance’s nonstop holdings was impacted?
    The merchantability accounted for 15% of his nonstop shares, with each shares sold from his nonstop account.

  • What is the discourse of Lance’s remaining stake?
    Following the sale, Lance continues to clasp 27,272 shares straight and 9,250 shares indirectly done his revocable surviving trust, with a post-transaction nonstop holding valued astatine astir $2.44 cardinal arsenic of Feb. 25, 2026.

  • How does the transaction terms subordinate to the existent and humanities banal price?
    The weighted mean merchantability terms was $88.98 per share, which is somewhat beneath the marketplace adjacent of $89.30 connected the transaction day and 2.2% beneath the $91.01 level arsenic of March 2, 2026, pursuing a 104.9% full instrumentality twelvemonth implicit year.

Metric

Value

Market capitalization

$4.54 billion

Revenue (TTM)

$942.55 million

Net income (TTM)

($30.41 million)

1-year terms change

105.4%

1-year terms show calculated utilizing Feb. 25, 2026 arsenic the notation date.

  • Provides precocious components, modules, and subsystems including RF/microwave devices, embedded processing boards, and integrated solutions for aerospace and defence applications.

  • Generates gross done the design, manufacture, and merchantability of proprietary exertion solutions, targeting high-value defence programs and mission-critical systems integration.

  • Serves starring defence contractors and commercialized aviation companies, with products deployed successful astir 300 programs crossed the United States, Europe, and Asia Pacific.

Mercury Systems is simply a mid-cap exertion supplier specializing successful high-performance electronics for aerospace and defence markets. The institution leverages its engineering expertise and proprietary technologies to present mission-critical solutions for large defence contractors and authorities agencies. Its competitory vantage stems from heavy integration crossed the worth concatenation and a absorption connected secure, scalable, and innovative subsystems supporting next-generation defence platforms.

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