Kratos Defense & Security Solutions: president Phillip D Carrai sold 6,500 shares

What happened

• Phillip D Carrai, president, STC division, sold 6,500 shares in three open-market transactions on Oct 15, 2026: 800 shares at an average $38.44 for $30,751; 4,097 shares at an average $39.87 for $163,327; and 1,603 shares at an average $40.57 for $65,038. Total proceeds were $259,116.

Key details

• Transaction date: Oct 15, 2026. Form 4 filed Oct 16, 2026 (period of report Oct 15, 2026).
• Transaction type and code: Open-market sales (Code S).
• Reported prices are weighted averages; the filing gives price ranges for the grouped sales: $38.05–$38.74 (800 shares), $39.23–$40.17 (4,097 shares), and $40.23–$40.79 (1,603 shares) (footnotes F2–F4).
• The filing states the trades were effected pursuant to a 10b5-1 trading plan adopted Aug 26, 2025 (footnote F1).
• Shares owned after the transaction: the filing notes holdings include 1,232 shares purchased through the issuer's employee stock purchase plan and approximately 4,649 shares held through the issuer's 401(k) plan (footnote F5).

Why it may matter

• The filing shows routine open-market sales executed under a trading plan (10b5-1); it does not report an option exercise, grant, or gift in these entries.
• A filing does not show why the insider traded or why the company acted.