{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-25-000011","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.313664+00:00","generated_at":"2026-05-24T00:17:44.014559+00:00","sec_items":["2.02","5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mercury Systems COO Charles Wells departs; CFO Farnsworth gets expanded role and $1M RSU","bullets":["COO Charles R. Wells IV departing for CEO role at private company; effective immediately.","Chairman & CEO William Ballhaus to lead business operations group; senior leaders report to him.","CFO David E. Farnsworth assumes expanded responsibilities including management operating system, technology investment strategy, and operational performance.","Farnsworth granted $1M RSU under 2018 Stock Incentive Plan, vesting over 3 years with accelerated vesting if remains through Aug 2026 or terminated without cause.","Company reiterates FY2025 guidance; no specific numbers provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-25-000011","json":"https://secwatch.observer/filing/0001049521-25-000011.json","markdown":"https://secwatch.observer/filing/0001049521-25-000011.md","text":"https://secwatch.observer/filing/0001049521-25-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952125000011/0001049521-25-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952125000011/mrcy-20250328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:17:44.014559+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":"b1210de9be","claim":"Charles R. Wells IV departed as Executive Vice President and Chief Operating Officer at MERCURY SYSTEMS INC.","evidence_excerpt":"On March 28, 2025, Charles R. Wells, IV, the Company’s Executive Vice President and Chief Operating Officer, informed the Company that he will be departing for a chief executive officer role at a privately held company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1049521/000104952125000011/0001049521-25-000011-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"departing"},{"label":"Role","value":"Executive Vice President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}