Carrai Phillip D 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Kratos (KTOS) STC President Phillip Carrai Sells Shares
What Happened
Phillip D. Carrai, President of Kratos' STC Division, sold a total of 6,500 shares of KRATOS stock in open‑market transactions on May 15, 2026. The sales consisted of 6,000 shares at a weighted average price of $52.06 (range $51.75–$52.73) for proceeds of $312,347, and 500 shares at a weighted average price of $53.00 (range $52.77–$53.21) for proceeds of $26,500. Aggregate proceeds were about $338,847. These were sales (not purchases), and they were effected under a prearranged 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-19).
- Prices and ranges: 6,000 shares @ $52.06 (weighted avg; actual prices $51.75–$52.73); 500 shares @ $53.00 (weighted avg; actual prices $52.77–$53.21). Reporting person can provide per-price breakdown on request (per footnotes).
- Plan note: Transactions were effected pursuant to a 10b5‑1 plan adopted Aug 26, 2025 (Footnote F1).
- Holdings note: The filing notes reported holdings include 1,232 shares from the Employee Stock Purchase Plan and ~4,503 shares held through the 401(k) Plan (Footnote F4). The Form 4 supplied by the SEC should be consulted for the total shares owned after the transactions.
- Timeliness: The Form 4 was filed four days after the transactions (filed 2026-05-19 for activity on 2026-05-15); Form 4s are typically due within two business days, so this filing appears late and may be marked accordingly.
Context
Sales executed under a 10b5‑1 plan are prearranged and do not, by themselves, indicate a change in the insider’s view of the company; they are common for systematic selling and tax/liquidity planning. For retail investors, purchases by insiders can be more informative about confidence in the company; routine sales like these are not uncommon. For full details (exact per‑trade prices, total post‑transaction ownership, and any filing remarks), review the SEC Form 4 (Accession 0001509409-26-000007).
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F4]2026-05-15$52.06/sh−6,000$312,347→ 222,050 total - Sale
Common Stock
[F1][F3][F4]2026-05-15$53.00/sh−500$26,500→ 221,550 total
- 46,644(indirect: By Trust)
Common Stock
Footnotes (4)
- [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 $51.75 to $52.73 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 $52.77 to $53.21 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]Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,503 shares held through Issuer's 401(k) Plan.