Carrai Phillip D 4
Research Summary
AI-generated summary
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).