Carrai Phillip D 4

What Happened Phillip D. Carrai, President of Kratos' STC Division, sold a total of 6,500 shares of Kratos Defense & Security Solutions (KTOS) in open-market transactions on June 15, 2026, bringing proceeds of about $375,323. The sales broke down as: 2,700 shares at a weighted average $57.30 ($154,709); 3,600 shares at a weighted average $58.00 ($208,797); and 200 shares at a weighted average $59.09 ($11,817). These were sales (not purchases) and were executed pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (two days after the trades).
• Prices/ranges (weighted averages reported):
  • 2,700 shares — $57.30 (sold in multiple trades at $56.69–$57.67) [F2]
  • 3,600 shares — $58.00 (sold in multiple trades at $57.71–$58.51) [F3]
  • 200 shares — $59.09 (sold in multiple trades at $58.72–$59.45) [F4]
• Total shares sold: 6,500; total proceeds ≈ $375,323.
• Trades executed under a 10b5-1 plan adopted August 26, 2025 [F1], indicating pre-planned sales.
• Footnote F5 notes holdings include 1,232 shares from an ESPP and ~4,505 shares held via a 401(k); the filing excerpt provided did not include a complete "shares owned after transaction" figure.

Context

• Sales done under a 10b5-1 plan are pre-arranged and often reflect scheduled disposition rather than a direct, immediate view on the stock — factual disclosure only, no inference about motive.
• For retail investors, purchases by insiders may be a stronger bullish signal than routine sales; this filing reports routine, pre-planned sales.