Carter David M 4

What Happened

• David M. Carter, President of the DRSS division at Kratos Defense & Security Solutions (KTOS), sold 4,000 shares on 2026-04-08 in a series of open-market/private-sale transactions totaling approximately $296,625.
• Breakdown of the tranches: 1,905 shares @ $73.30 ($139,646); 1,295 shares @ $74.15 ($96,025); 400 shares @ $75.19 ($30,077); 300 shares @ $76.97 ($23,092); 100 shares @ $77.85 ($7,785).
• These were dispositions (sales), which are often routine liquidity or plan-driven transactions rather than an explicit signal of company prospects.

Key Details

• Transaction date: 2026-04-08; Form 4 filed: 2026-04-10 (filed timely within the usual two-business-day window).
• Aggregate shares sold: 4,000; aggregate proceeds: ≈ $296,625.
• Footnotes: the trades were executed under a pre-established 10b5‑1 trading plan adopted June 13, 2025 (F1). Several reported prices are weighted averages; the actual sales occurred across price ranges: $72.67–$73.63 (F2), $73.67–$74.53 (F3), $74.90–$75.38 (F4), and $76.69–$77.26 (F5).
• Reported holdings composition includes 12,200 shares from the Employee Stock Purchase Plan, 4,165 shares in a retirement account, and ~118 shares in a 401(k) (F6). The Form 4 did not state a single post-transaction total share count in the provided excerpt.

Context

• Because the sales were made under a 10b5‑1 plan, they were likely pre-scheduled, which means the timing was pre-determined and not necessarily based on material nonpublic information.
• For retail investors: purchases tend to be more informative about insider conviction; routine sales under a plan are common for liquidity or tax management and should be interpreted with that in mind.