Carrai Phillip D 4
Research Summary
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Kratos (KTOS) 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 (KTOS) in open-market transactions on March 16, 2026, generating total proceeds of $578,948. The reported lots and weighted-average prices: 1,700 shares @ $87.70 ($149,086); 1,380 shares @ $88.66 ($122,346); 2,720 shares @ $89.70 ($243,973); 600 shares @ $90.63 ($54,378); and 100 shares @ $91.65 ($9,165). Reported per-lot transactions were executed at prices ranging roughly from $87.16 up to $91.65 across multiple trades.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
- Total sold: 6,500 shares for aggregate proceeds of $578,948.
- Price details: weighted-average lot prices listed above; underlying sale prices ranged approximately $87.16–$91.65 (see footnotes for per-trade breakdowns).
- Footnotes: at least one sale was effected pursuant to a 10b5‑1 trading plan adopted Aug 26, 2025; several lots reported as weighted averages with ranges disclosed in footnotes.
- Holdings note: filing indicates holdings include 1,232 shares from the ESPP and ~4,245 shares held through the issuer’s 401(k) plan (Form shows these holdings but does not list a single consolidated post-transaction total).
Context
- These were outright sales (transaction code S). Sales can be routine (e.g., planned under a 10b5‑1 plan or for diversification/liquidity) and do not by themselves indicate company performance or insider sentiment.
- The presence of a 10b5‑1 plan means at least part of the activity was pre-authorized and scheduled in advance.