HOGLUND WILLIAM A 4

What Happened

• William A. Hoglund, a director of Kratos Defense & Security Solutions, sold a total of 30,500 common shares in three open‑market transactions on April 1, 2026 (sales = S). The three tranches were:
  • 13,103 shares at a weighted average price of $70.14, proceeds $919,039 (prices ranged $70.00–$70.95). (F2)
  • 8,335 shares at a weighted average price of $71.68, proceeds $597,422 (prices ranged $71.06–$72.05). (F3)
  • 9,062 shares at a weighted average price of $72.26, proceeds $654,836 (prices ranged $72.06–$72.69). (F4)
• Total proceeds were approximately $2,171,297, for an overall average near $71.20 per share. These were sales (not purchases), which are often routine dispositions rather than a bullish signal.

Key Details

• Transaction date: April 1, 2026. Form 4 filed April 3, 2026 (timely within the standard two‑business‑day reporting window).
• Transaction type/code: Open‑market sales (S).
• Shares sold: 30,500 total across three tranches; total proceeds ≈ $2.17M.
• Footnotes of note:
  • F1: Transactions were effected pursuant to a 10b5‑1 trading plan adopted Dec 10, 2025.
  • F2–F4: Reported prices are weighted averages; each tranche was executed in multiple trades within the listed price ranges; detailed per‑trade pricing is available upon request to the issuer/SEC.
  • F5: Some remaining holdings are held indirectly via an LLC over which Hoglund and his spouse share voting and investment power (no specific post‑sale share total reported in the provided filing).
• Shares owned after transaction: Not specified in the information provided on this Form 4.

Context

• The sales were executed under a pre‑arranged 10b5‑1 plan, which typically schedules trades in advance and can reduce the implication of insider timing. Sales do not necessarily indicate negative company prospects; retail investors should consider insider activity alongside fundamentals and broader market information.