NGC 5986 is a poorly studied but relatively massive Galactic globular cluster that shares several physical and morphological characteristics with iron-complex clusters known to exhibit significant metallicity and heavy element dispersions. In order to determine if NGC 5986 joins the iron-complex cluster class, we investigated the chemical composition of 25 red giant branch and asymptotic giant branch cluster stars using high resolution spectra obtained with the Magellan-M2FS instrument. Cluster membership was verified using a combination of radial velocity and [Fe/H] measurements, and we found the cluster to have a mean heliocentric radial velocity of +99.76 km s^-1 (sigma = 7.44 km s^-1). We derived a mean metallicity of [Fe/H] = -1.54 dex (sigma = 0.08 dex), but the clusters small dispersion in [Fe/H] and low [La/Eu] abundance preclude it from being an iron-complex cluster. NGC 5986 has <[Eu/Fe]> = +0.76 dex (sigma = 0.08 dex), which is among the highest ratios detected in a Galactic cluster. NGC 5986 exhibits classical globular cluster characteristics, such as uniformly enhanced [alpha/Fe] ratios, a small dispersion in Fe-peak abundances, and (anti-)correlated light element variations. Similar to NGC 2808, we find evidence that NGC 5986 may host at least 4-5 populations with distinct light element compositions, and the presence of a clear Mg-Al anti-correlation along with an Al-Si correlation suggests that the cluster gas experienced processing at temperatures >65-70 MK. However, the current data do not support burning temperatures exceeding ~100 MK. We find some evidence that the first and second generation stars in NGC 5986 may be fully spatially mixed, which could indicate that the cluster has lost a significant fraction of its original mass. [abridged]