4Accepted Sep 17, 7:44 PM ET
Kratos (KTOS) President Phillip D. Carrai Sells 6,500 Shares
Accepted (ET)
7:44 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
1
Size
10.6 KB
Summary
Kratos (KTOS) President Phillip D. Carrai Sells 6,500 Shares
What Happened
Phillip D. Carrai, President of Kratos Defense & Security Solutions’ STC Division, sold a total of 6,500 shares of KTOS stock in open-market transactions on September 15, 2026, for aggregate proceeds of approximately $310,901. The sales were executed under a pre-established 10b5-1 trading plan adopted on August 26, 2025. The individual transactions reported: 2,700 shares at a weighted average $47.24 (≈ $127,555), 3,380 shares at a weighted average $48.17 (≈ $162,811), and 420 shares at a weighted average $48.89 (≈ $20,535).
Key Details
- Transaction date: 2026-09-15; filing date: 2026-09-17 (appears timely within the 2-business-day Form 4 window).
- Prices and ranges:
- 2,700 shares reported at $47.24 (sold in multiple trades at $46.72–$47.69).
- 3,380 shares reported at $48.17 (sold in multiple trades at $47.72–$48.65).
- 420 shares reported at $48.89 (sold in multiple trades at $48.73–$49.14).
- Total proceeds: ≈ $310,901.
- 10b5-1 plan: Sale effected pursuant to a 10b5-1 trading plan adopted 08/26/2025.
- Reported holdings detail (per filing footnote): includes 1,232 shares from the company ESPP and ~4,606 shares held through the company 401(k). The filing excerpt provided here does not state the full post-sale total beneficial ownership.
Context
- These were open-market sales (S = Sale). Sales under a 10b5-1 plan are pre-scheduled and are generally considered routine liquidity transactions rather than an immediate signal about the insider’s view of company prospects.
- No options exercises, awards, or gifts were reported in these entries.