Latest filing published 27 Feb 2026 for Mercury Systems INC, €365k. Read the official filing
Across 2 buy signals with a settled T+90 return. Return basis: close on the day after publication.
This profile gathers the share dealings of Howard l. Lance across 3 companies, led by Summit Materials, Inc., Mercury Systems Inc and Change Healthcare Inc. In total, 30 filings cover trades dated from 5 April 2016 to 25 February 2026.
The open-market side counts 3 purchases for €755k alongside 4 sales for €2.5M. On balance, insiders were net sellers of €1.7M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 9 share grants and 7 option exercises. Since January 2026: no purchases and 1 sale on the market.
Half of the purchases are above €247k and half below. On 2 out of 3 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.
On 27 February 2026 came the latest disclosure, an open-market sale for €365k in Mercury Systems Inc. The clock since the last published purchase (12 February 2024) now reads 982 days. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
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