Kratos (KTOS) Director Jarvis Sells 10,000 Shares
$KTOS · KRATOS DEFENSE & SECURITY SOLUTIONS, INC.Research Summary
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Kratos (KTOS) Director Jarvis Sells 10,000 Shares
What Happened
Jarvis Scot B, a director of Kratos Defense & Security Solutions (KTOS), sold 10,000 shares of the company's common stock in open-market transactions on August 18, 2026. The reported weighted-average price was $63.50 per share (sales ranged $63.49–$63.50), for total proceeds of $634,961. This was a sale (not a purchase or option exercise) and appears to have been conducted under the issuer’s trading policies.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (timely filing).
- Price: weighted average $63.50; individual sale prices ranged $63.49–$63.50 (per footnote).
- Shares sold: 10,000; proceeds reported $634,961.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: (F1) sale made in accordance with issuer’s trading policies; (F2) weighted-average price reported and reporting person will provide a breakdown of shares sold at each price on request.
Context
Open-market sales by directors are common and do not by themselves indicate company performance or insider sentiment. The filing notes compliance with company trading policies, but it does not state whether the sale was part of a pre-arranged 10b5-1 plan. Retail investors should view this as a routine insider sale unless additional filings or patterns suggest otherwise.