Carter David M 4
Research Summary
AI-generated summary
Kratos (KTOS) DRSS President David M. Carter Sells 4,000 Shares
What Happened
- David M. Carter, President of Kratos' DRSS division, sold a total of 4,000 shares of KTOS in multiple open-market transactions on February 5, 2026, generating approximately $349,593 in proceeds. The sales were recorded in seven tranches: 824 @ $84.87 ($69,936); 676 @ $86.48 ($58,458); 600 @ $87.33 ($52,400); 1,500 @ $88.39 ($132,584); 100 @ $89.00 ($8,900); 200 @ $90.43 ($18,086); and 100 @ $92.29 ($9,229). These were disposals (sales), not purchases.
Key Details
- Transaction date: February 5, 2026 (filed February 6, 2026 — timely Form 4 filing).
- Aggregate shares sold: 4,000; aggregate proceeds: ~$349,593.
- Price range: individual trades occurred roughly between $84.70 and $92.29 (several line items report weighted-average prices with narrower subranges).
- Ownership after transaction: reporting person holds approximately 16,382 shares (12,200 via ESPP, 4,165 in a retirement account, ~17 in a 401(k) per filing).
- Notable footnotes: at least one sale was effected pursuant to a 10b5-1 trading plan adopted June 13, 2025; several reported prices are weighted averages with provided ranges and the filer offers to disclose per-share breakdowns on request.
Context
- These are scheduled/open-market sales and include trades under a 10b5-1 plan, which commonly reflect pre-arranged selling rather than an immediate change in sentiment. Sales reduce insider holdings but, by themselves, do not necessarily signal company prospects. Purchases generally carry more weight for indicating insider confidence.