Carrai Phillip D 4

What Happened
Phillip D. Carrai, President of Kratos' STC Division, sold a total of 6,500 shares of KRATOS (KTOS) in open‑market transactions on July 15, 2026, generating aggregate gross proceeds of approximately $329,105. The sales were executed in five lots: 3,900 shares at a weighted avg $49.79 ($194,169); 700 shares at $50.78 ($35,544); 1,400 shares at $52.05 ($72,870); 400 shares at $52.84 ($21,137); and 100 shares at $53.85 ($5,385). These transactions were effected under a pre‑existing 10b5‑1 trading plan.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (appears timely—within the usual two business days).
• Total sold: 6,500 shares for approx. $329,105.
• Price details / ranges (per filing footnotes):
  • 3,900 shares: weighted avg $49.79 (range $49.23–$50.20)
  • 700 shares: weighted avg $50.78 (range $50.44–$51.03)
  • 1,400 shares: weighted avg $52.05 (range $51.59–$52.31)
  • 400 shares: weighted avg $52.84 (range $52.59–$53.52)
  • 100 shares: $53.85
• Plan disclosure: Transaction effected pursuant to a 10b5‑1 trading plan adopted Aug 26, 2025 (Footnote F1).
• Holdings note: Filing does not list total shares owned after these sales; footnote F6 indicates holdings include 1,232 shares from the ESPP and ~4,577 shares held in the issuer’s 401(k) plan.
• No indication of option exercise, gift, or tax‑withholding in this filing — these were open‑market sales (code S).

Context
Sales under a pre‑arranged 10b5‑1 plan are typically scheduled ahead of time and are common for insiders managing concentration or liquidity; they do not, by themselves, indicate non‑routine or information‑based trading. Retail investors should combine this with other insider activity and company fundamentals before drawing conclusions.