Carrai Phillip D 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Kratos (KTOS) President Phillip Carrai Sells 6,500 Shares
What Happened
Phillip D. Carrai, President of Kratos' STC Division, sold a total of 6,500 Kratos (KTOS) shares in open-market transactions on April 15, 2026. The three blocks were: 1,645 shares at a weighted avg $74.08 ($121,857); 3,955 shares at $74.80 ($295,830); and 900 shares at $75.56 ($68,006), for total proceeds of approximately $485,693. The filing states these sales were effected pursuant to a 10b5-1 trading plan adopted August 26, 2025.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely).
- Prices/ranges (weighted averages reported; per footnotes, individual sale price ranges):
- 1,645 shares — $74.08 (individual trades ranged $73.47–$74.45)
- 3,955 shares — $74.80 (individual trades ranged $74.47–$75.46)
- 900 shares — $75.56 (individual trades ranged $75.48–$75.68)
- Total shares sold: 6,500; total proceeds ≈ $485,693.
- Holdings noted in filing: includes 1,232 shares from the Employee Stock Purchase Plan and ~4,351 shares held via the company 401(k); the filing provided these holdings but did not specify a net “shares owned after transaction” total in the data shown here.
- Notable footnote: Sales were made under a pre-established 10b5-1 plan (adopted Aug 26, 2025), indicating trades were pre-scheduled. The filing offers to provide per-price breakdowns on request.
Context
- Sales under a 10b5-1 plan are pre-arranged trading instructions and are commonly used by insiders to sell shares on a set schedule; they are generally considered routine rather than an ad hoc signal of sentiment.
- These were outright sales (transaction code S); no option exercises, gifts, or awards were reported in this filing.
Insider Transaction Report
Form 4
Carrai Phillip D
President, STC Division
Transactions
- Sale
Common Stock
[F1][F2][F5]2026-04-15$74.08/sh−1,645$121,857→ 232,753 total - Sale
Common Stock
[F1][F3][F5]2026-04-15$74.80/sh−3,955$295,830→ 228,798 total - Sale
Common Stock
[F1][F4][F5]2026-04-15$75.56/sh−900$68,006→ 227,898 total
Holdings
- 46,644(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 26, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.47 to $74.45 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.47 to $75.46 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.48 to $75.68 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F5]Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,351 shares held through Issuer's 401(k) Plan.
Signature
Phillip D. Carrai, by Eva Yee, Attorney-In-Fact|2026-04-17