Carrai Phillip D 4

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.