Carter David M 4

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.