Jarvis Scot B 4
Research Summary
AI-generated summary
Kratos (KTOS) Director Jarvis Sells 5,417 Shares
What Happened
Jarvis Scot B, a director of Kratos Defense & Security Solutions, sold 5,417 shares on April 16, 2026 at $75.90 per share, for gross proceeds of approximately $411,150. The Form 4 lists the transaction as a sale (code S) and notes it was effected pursuant to a 10b5-1 trading plan adopted September 15, 2025.
Key Details
- Transaction date: 2026-04-16
- Transaction type: Sale (S) — open market or private sale indicated on the filing
- Amount/price/value: 5,417 shares × $75.90 = $411,150 (gross)
- Form filed: 2026-04-17 (timely relative to the 2026-04-16 transaction)
- Footnote F1: Executed under a 10b5-1 plan adopted 9/15/2025
- Footnote F2: Includes 123 shares received in a pro rata distribution exempt from reporting under Rule 16a-9
- Shares owned after transaction: Not specified in the details provided here — see the Form 4 for post-transaction beneficial ownership
Context
The sale was made under a pre-arranged 10b5-1 trading plan, which allows insiders to sell shares according to a preset schedule and is common for routine disposition of holdings. The filing does not indicate any option exercises, awards, or gifts tied to this transaction. For exact post-transaction ownership and any additional filing details, consult the full Form 4.