---
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"
generated_at: "2026-05-24T00:17:44.014559+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mercury Systems COO Charles Wells departs; CFO Farnsworth gets expanded role and $1M RSU

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049521-25-000011
- JSON: https://secwatch.observer/filing/0001049521-25-000011.json
- Plain text: https://secwatch.observer/filing/0001049521-25-000011.txt

## Key facts
- Executive change
  Charles R. Wells IV departed as Executive Vice President and Chief Operating Officer at MERCURY SYSTEMS INC.
  - Action: departing
  - Role: Executive Vice President and Chief Operating Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1049521/000104952125000011/0001049521-25-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.