Tech — Hardware

Mercury Systems Executive Compensation (FY26)

Name: Mercury Systems (MRCY) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

MRCY · Executive and director compensation, fiscal 2022 to 2026

Chief executive, fiscal 2026

◇

William Ballhaus

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Data as of November 4, 2026Latest filing (DEF 14A): September 17, 2026

15 filings cited on this page

Method: intel.velarion.ai/methodology

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308 figures on this page: 298 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Mercury Systems' chief executive and what were they paid?

William Ballhaus was paid $11,131,048 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2026. Ballhaus' total moved 8.8% higher from the $10,229,945 reported for fiscal 2025.

What was Mercury Systems' say-on-pay result?

Shareholders supported the say-on-pay proposal with 95.5% of votes cast for or against in favor at the meeting held October 22, 2025 for fiscal 2025.

Which companies are in Mercury Systems' peer group?

Companies named in the disclosed peer group include AeroVironment, Inc., Axcelis Technologies, Inc., Belden Inc., BWX Technologies, Inc. and Curtiss-Wright Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Mark Aslett Former President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Michael Ruppert Former Executive Vice President, Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
James Stevison Executive Vice President, Chief Operating Officer	◇	◇	◇	—	◇	—	◇	◇
Charles Wells Executive Vice President, Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Christine Harbison Executive Vice President and Chief Growth Officer	◇	—	◇	—	◇	—	◇	◇
Michelle McCarthy Senior Vice President, Chief Accounting Officer and Former Interim Chief Financial Officer and Treasurer Served on an interim basis	◇	◇	◇	—	◇	—	◇	◇
Mark Aslett Former President and Chief Executive Officer Departed during or after this year	◇	—	—	—	—	—	◇	◇
Charles Wells Executive Vice President and President of Microelectronics Division	◇	—	—	—	◇	—	◇	◇
James Stevison Executive Vice President and President of Mission Systems Division	◇	—	—	—	◇	—	◇	◇
Michael Ruppert Former Executive Vice President, Chief Financial Officer, and Treasurer Departed during or after this year	◇	—	—	—	—	—	◇	◇
William Ballhaus President and Chief Executive Officer	—	—	—	—	◇	—	—	◇
Current Employees: Chairman	—	—	—	—	—	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Current Employees: Chairman	◇	◇	◇	◇	—	—	◇	◇
William Ballhaus Chairman, President and Chief Executive Officer	◇	◇	◇	◇	—	—	◇	◇
David Farnsworth EVP and Chief Financial Officer	◇	◇	◇	—	—	—	◇	◇
Christopher Cambria Former EVP, General Counsel and Corporate Secretary Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Allen Couture Former Executive Vice President, Execution Excellence Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Charles Wells EVP and Chief Operating Officer	◇	◇	◇	—	—	—	◇	◇
Stuart Kupinsky EVP, Chief Legal Officer and Corporate Secretary	◇	◇	◇	—	—	—	◇	◇
Steven Ratner EVP and Chief Human Resources Officer	◇	◇	◇	—	—	—	◇	◇
Michelle McCarthy Former SVP and Chief Accounting Officer and Former Interim Chief Financial Officer and Treasurer Departed during or after this year Served on an interim basis	◇	—	◇	—	—	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
William Ballhaus Chairman, President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
David Farnsworth EVP and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Charles Wells Former EVP and Chief Operating Officer Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Stuart Kupinsky EVP, Chief Legal Officer and Corporate Secretary	◇	—	◇	—	◇	—	◇	◇
Steven Ratner EVP and Chief Human Resources Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2026

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
William Ballhaus Chairman, President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
David Farnsworth EVP and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Stuart Kupinsky EVP, Chief Legal Officer and Corporate Secretary	◇	—	◇	—	◇	—	◇	◇
Steven Ratner EVP and Chief Human Resources Officer	◇	—	◇	—	◇	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2026

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
David E. Farnsworth	PSU	◇	◇	◇	—	◇	—	◇
David E. Farnsworth	RSU	◇	—	—	◇	—	—	◇
Steven V. Ratner	RSU	◇	—	—	◇	—	—	◇
Steven V. Ratner	PSU	◇	◇	◇	—	◇	—	◇
Stuart H. Kupinsky	PSU	◇	◇	◇	—	◇	—	◇
Stuart H. Kupinsky	RSU	◇	—	—	◇	—	—	◇
William L. Ballhaus	PSU	◇	◇	◇	—	◇	—	◇
William L. Ballhaus	RSU	◇	—	—	◇	—	—	◇

Fiscal 2023, 2024, 2025 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2026 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
William Ballhaus	Option	◇	—	◇	8/17/28
	Option	◇	—	◇	8/17/28
	Option	◇	—	◇	8/17/27
	Option	◇	—	◇	8/17/27
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
David Farnsworth	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Stuart Kupinsky	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Steven Ratner	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Stuart Kupinsky

EVP, Chief Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion

Severance multiple	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇

Director compensation

What each non-employee director was paid.

Fiscal 2026

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Barry R. Nearhos Lead independent director	◇	◇	—	—	—	—	◇
Howard L. Lance	◇	◇	—	—	—	—	◇
Lisa S. Disbrow	◇	◇	—	—	—	—	◇
Orlando P. Carvalho	◇	◇	—	—	—	—	◇
Gerard J. DeMuro	◇	◇	—	—	—	—	◇
Jean Bua	◇	◇	—	—	—	—	◇
Debora A. Plunkett	◇	◇	—	—	—	—	◇

Scott Ostfeld and William L. Ballhaus served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Lead independent director premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2026

AeroVironment, Inc. AVAV
Axcelis Technologies, Inc. ACLS
Belden Inc. BDC
BWX Technologies, Inc. BWXT
Curtiss-Wright Corporation CW
Diodes Incorporated DIOD
Ducommun Incorporated DCO
FormFactor, Inc. FORM
Infinera Corporation INFN
Knowles Corporation KN
Kratos Defense & Security Solutions, Inc. KTOS
Leonardo DRS, Inc. DRS
MACOM Technology Solutions Holdings, Inc. MTSI
Novanta Inc. NOVT
Onto Innovation Inc. ONTO
OSI Systems, Inc. OSI
RBC Bearings Incorporated RBC
Rogers Corporation ROG

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	October 22, 2025	=	◇	◇	◇
2023	October 23, 2024	=	◇	◇	◇
2022	October 25, 2023	=	◇	◇	◇
2021	October 26, 2022	=	◇	◇	◇
2020	October 27, 2021	=	◇	◇	◇
2019	November 2, 2020	=	◇	◇	◇
2018	October 25, 2019	=	◇	◇	◇
2017	October 29, 2018	=	◇	◇	◇
2016	October 20, 2017	=	◇	◇	◇
2015	October 19, 2016	=	◇	◇	◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- William Ballhaus (Chairman, President and Chief Executive Officer), FY2026 total compensation $11,131,048 (base salary $1,049,269) [exec_comp, SEC accession 0001049521-26-000077, filed 2026-09-17]

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What this page does not include

Everything above is a fact Mercury Systems disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Mercury Systems sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

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Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

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Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

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Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

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Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

308 figures on this page: 298 cited to the filing that reported them, 10 calculated from figures it prints.

298 cited to the filing

10 calculated from the filing

Documents cited

DEF 14A, filed September 17, 2026
0001049521-26-000077
DIRECTOR COMPENSATION
8-K, filed October 28, 2025
0001049521-25-000057
DEF 14A, filed September 10, 2025
0001049521-25-000029
Summary Compensation Table
Filing, filed September 10, 2025
8-K, filed October 28, 2024
0001049521-24-000039
DEF 14A, filed September 12, 2024
0001049521-24-000036
Summary Compensation Table
8-K, filed October 31, 2023
0001049521-23-000043
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed September 21, 2023
0001049521-23-000034
Summary Compensation Table
8-K, filed October 31, 2022
0001049521-22-000058
8-K, filed November 1, 2021
0001049521-21-000044
8-K, filed November 2, 2020
0001049521-20-000049
8-K, filed October 25, 2019
0001049521-19-000039
8-K, filed October 29, 2018
0001049521-18-000037
8-K, filed October 20, 2017
0001049521-17-000054
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed October 24, 2016
0001049521-16-000100
Item 5.07 Submission of Matters to a Vote of Security Holders

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Velarion, “Mercury Systems executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/MRCY (accessed 2026).

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The paid brief for Mercury Systems

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

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15 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Tech — Hardware rankings

Chief executive pay — Tech — Hardware CEO pay ratio — Tech — Hardware Say-on-pay support — Tech — Hardware

Peers Mercury Systems discloses

The companies named in MRCY's own disclosed peer group.

AeroVironment, Inc.Axcelis Technologies, Inc.Belden Inc.BWX Technologies, Inc.Curtiss-Wright Corporation Diodes Incorporated Ducommun Incorporated FormFactor, Inc.Infinera Corporation Knowles Corporation Kratos Defense & Security Solutions, Inc.Leonardo DRS, Inc.MACOM Technology Solutions Holdings, Inc.Novanta Inc.Onto Innovation Inc.RBC Bearings Incorporated Rogers Corporation

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Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

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Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Mercury Systems

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Severance and change in control

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

What this page does not include

Citations

Documents cited

The paid brief for Mercury Systems

Tech — Hardware rankings

Peers Mercury Systems discloses

Terms on this page