Carrai Phillip D 4
Research Summary
AI-generated summary
Kratos (KTOS) STC President Phillip D. Carrai Sells 6,500 Shares
What Happened
Phillip D. Carrai, President of Kratos' STC Division, sold a total of 6,500 shares of Kratos common stock on February 17, 2026 in a series of open-market/private-sale transactions. The individual lots reported were: 500 at $87.75 ($43,874), 1,314 at $88.60 ($116,423), 100 at $89.48 ($8,948), 3,267 at $91.69 ($299,565), 1,219 at $92.52 ($112,788) and 100 at $93.15 ($9,315), for aggregate proceeds of approximately $590,913. All transactions are coded as sales (S).
Key Details
- Transaction date: February 17, 2026; Form filed February 19, 2026 (appears timely).
- Total sold: 6,500 shares for about $590,913.
- Reported prices: some line items are weighted averages and were executed across price ranges (per filing): $87.20–88.16, $88.20–89.17, $91.15–92.14, and $92.15–93.11.
- Footnote: the sales were effected pursuant to a 10b5-1 trading plan adopted by Mr. Carrai on August 26, 2025.
- Ownership after sale: not specified in the excerpt provided; filing notes that holdings include 1,232 shares from the ESPP and ~4,230 shares held in the company 401(k) plan (footnote).
Context
- These were outright sales (S) rather than purchases or option exercises. Sales under an existing 10b5‑1 plan are typically pre‑arranged, routine dispositions and do not necessarily reflect contemporaneous changes in insider sentiment.
- No derivative transactions, gifts, or tax‑withholding events are reported in the provided excerpt.