{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-24-000003","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2024-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.226612+00:00","generated_at":"2026-06-06T22:24:32.132714+00:00","sec_items":["2.05","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mercury Systems cuts ~100 jobs, expects $10-12M restructuring charge; names Roger Wells COO","bullets":["Workforce reduction of ~100 positions with expected restructuring charges of $10-12M in fiscal Q3 ending March 29, 2024.","Consolidates Mission Systems and Microelectronics divisions into one unified structure to simplify organization.","Appoints Charles R. Wells IV as EVP, COO effective Jan 22, 2024; base salary $450K, bonus target 110%, LTIP target $1.4M plus $500K promotion awards.","Christine Harbison (Chief Growth Officer) and Allen Couture (EVP Execution Excellence) departing after transition period."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-24-000003","json":"https://secwatch.observer/filing/0001049521-24-000003.json","markdown":"https://secwatch.observer/filing/0001049521-24-000003.md","text":"https://secwatch.observer/filing/0001049521-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000003/0001049521-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000003/mrcy-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T22:24:32.132714+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8e3c538722","claim":"Charles R. Wells, IV was appointed as Executive Vice President, Chief Operating Officer at MERCURY SYSTEMS INC.","evidence_excerpt":"we have named Charles R. Wells, IV as Executive Vice President, Chief Operating Officer, effective January 22, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000003/0001049521-24-000003-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"c793509e02","claim":"Christine F. Harbison departed as Executive Vice President, Chief Growth Officer at MERCURY SYSTEMS INC.","evidence_excerpt":"On January 12, 2024, we notified Christine F. Harbison, our Executive Vice President, Chief Growth Officer, and a named executive officer, that she will depart the Company after a short transition period.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000003/0001049521-24-000003-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"depart"},{"label":"Role","value":"Executive Vice President, Chief Growth Officer"}],"fact_type":"executive_change"},{"claim_id":"e129b99aee9aa037c391d25a5320ecdc4231ba78","claim":"MERCURY SYSTEMS INC announced a restructuring with charges of approximately $10 - 12 million affecting Mission Systems and Microelectronics divisions (approximately 100 positions).","evidence_excerpt":"On January 12, 2024, we approved and initiated a workforce reduction that will eliminate approximately 100 positions, resulting in expected restructuring charges of approximately $10 - 12 million.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952124000003/0001049521-24-000003-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $10 - 12 million"},{"label":"Affected area","value":"Mission Systems and Microelectronics divisions"},{"label":"Headcount","value":"approximately 100 positions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}