Carter David M 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
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 Kratos Defense & Security Solutions (KTOS) in open‑market transactions on June 5, 2026. The four lots were: 1,400 shares at a weighted average $58.11 (≈ $81,353); 1,200 shares at $58.99 (≈ $70,787); 1,200 shares at $60.13 (≈ $72,150); and 200 shares at $61.84 (≈ $12,369). Aggregate proceeds were about $236,659. These sales were effected pursuant to a 10b5‑1 trading plan.
Key Details
- Transaction date: June 5, 2026 (filed on Form 4 dated June 9, 2026); filing appears timely.
- Transaction type: Open‑market sales (Code S). Total sold: 4,000 shares for ≈ $236,659.
- Reported prices and ranges (weighted averages reported; sold in multiple fills):
- 1,400 shares: $58.11 (prices ranged $57.57–$58.56)
- 1,200 shares: $58.99 (prices ranged $58.58–$59.51)
- 1,200 shares: $60.13 (prices ranged $59.73–$60.42)
- 200 shares: $61.84 (prices ranged $61.80–$61.89)
- Footnote F1: Sales were made under a 10b5‑1 trading plan adopted June 13, 2025. Footnotes F2–F5 note weighted‑average reporting and offer to provide exact per‑price breakdowns on request.
- Shares owned after the transaction: not stated in the filing. Footnote F6 indicates holdings include 12,200 shares from an ESPP, 4,165 in a retirement account, and ~159 in a 401(k).
Context
- These are sales under a pre‑established 10b5‑1 plan; such transactions are generally planned in advance and may not reflect the insider’s short‑term view on the stock.
- Sales are common for executives to diversify or meet personal liquidity needs; purchases are typically viewed as a stronger bullish signal.
- The filing provides per‑price ranges rather than exact per‑trade prices but commits to supplying detailed breakdowns to the company, shareholders, or SEC staff upon request.
Insider Transaction Report
Form 4
Carter David M
President, DRSS Division
Transactions
- Sale
Common Stock
[F1][F2][F6]2026-06-05$58.11/sh−1,400$81,353→ 72,692 total - Sale
Common Stock
[F1][F3][F6]2026-06-05$58.99/sh−1,200$70,787→ 71,492 total - Sale
Common Stock
[F1][F4][F6]2026-06-05$60.13/sh−1,200$72,150→ 70,292 total - Sale
Common Stock
[F1][F5][F6]2026-06-05$61.84/sh−200$12,369→ 70,092 total
Footnotes (6)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 13, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.57 to $58.56 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.58 to $59.51 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.73 to $60.42 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.80 to $61.89 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F6]Includes 12,200 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account; and approximately 159 shares held through Issuer's 401(k) Plan.
Signature
David M. Carter, by Eva Yee, Attorney-In-Fact|2026-06-09