Jarvis Scot B 4
Research Summary
AI-generated summary
Kratos (KTOS) Director Scot B. Jarvis Sells 5,000 Shares
What Happened
Scot B. Jarvis, a director of Kratos Defense & Security Solutions, sold 5,000 shares on February 26, 2026 in an open‑market/private sale. The filing reports total proceeds of $440,019. The sale was effected under a prearranged 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-02-26; Form 4 filed 2026-02-27 (timely filing).
- Shares sold: 5,000; reported proceeds: $440,019.
- Price details: filing reports a weighted average and notes trades occurred at prices ranging $88.00 to $88.15; the filer can provide a per‑trade breakdown on request (see footnote).
- Plan/authorization: Transaction was executed pursuant to a 10b5‑1 plan adopted September 15, 2025 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: S = Sale.
Context
Sales made under a 10b5‑1 trading plan are prearranged and commonly used to schedule trades regardless of current inside information; they are often viewed as routine rather than a direct signal of the insider’s short‑term view. This was a straightforward sale (not an option exercise, gift, or award).