Jarvis Scot B 4
Research Summary
AI-generated summary
Kratos (KTOS) Director Scot Jarvis Sells 5,000 Shares
What Happened
Scot Jarvis, a director of Kratos Defense & Security Solutions (KTOS), sold 5,000 shares on March 26, 2026, at $78.14 per share, generating proceeds of approximately $390,700. This was a sale (not a purchase) and was executed under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-26
- Transaction type/code: Open-market sale (S)
- Shares sold: 5,000 at $78.14 per share
- Gross proceeds: ~$390,700
- Shares owned after transaction: Not specified in the provided filing
- Footnote: Trade was effected pursuant to a 10b5-1 trading plan adopted on September 15, 2025
- Filing timeliness: Report filed 2026-03-27 (one day after the transaction); appears timely under Form 4 rules
Context
A 10b5-1 plan means the sale was pre-scheduled and is generally considered routine rather than a spontaneous vote of confidence or concern. As a director (not a reported 10% owner), this disposition is typical insider selling activity and should be viewed as factual information rather than a direct signal about company prospects.