Carter David M 4

What Happened

• David M. Carter, President of Kratos' DRSS division, sold a total of 4,000 shares of Kratos (KTOS) in multiple open-market transactions on May 7, 2026, generating aggregate proceeds of approximately $232,003. The sales were reported as disposals (code S) and at least some activity was effected under a prearranged 10b5‑1 trading plan.

Key Details

• Transaction date: May 7, 2026; Form 4 filed May 8, 2026 (timely).
• Individual reported sales:
  • 1,300 shares @ $56.85 = $73,909
  • 1,300 shares @ $57.98 = $75,378
  • 1,100 shares @ $58.74 = $64,613
  • 200 shares @ $59.99 = $11,998
  • 100 shares @ $61.05 = $6,105
• Total sold: 4,000 shares for ~$232,003.
• Prices reported reflect weighted averages and multiple trade prices within ranges (see footnotes F2–F5); overall executed prices ranged roughly $56.51–$61.05.
• At least one sale was made pursuant to a 10b5‑1 plan adopted June 13, 2025 (footnote F1), indicating prearranged trading.
• Reported beneficial ownership after the transactions: approximately 16,503 shares (includes 12,200 ESPP, 4,165 retirement account, ~138 401(k)) (footnote F6).
• Transaction type: Sale (S). No late filing noted.

Context

• Sales executed under a 10b5‑1 plan are preplanned and often routine (e.g., for diversification or liquidity) and don’t necessarily signal a change in insider view. For retail investors, purchases typically carry stronger signal value than prearranged sales.