Carter David M 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jul 10, 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 KTOS shares in open‑market transactions on July 8, 2026 for aggregate proceeds of approximately $201,819. The sales broke down as 3,700 shares at a weighted average price of $50.39 (range $49.98–$50.96) for $186,442, and 300 shares at a weighted average price of $51.26 (range $51.04–$51.61) for $15,377. The transactions were effected under a 10b5‑1 trading plan adopted June 13, 2025.
Key Details
- Transaction date: July 8, 2026 (reported on Form 4 filed July 10, 2026).
- Sale type: Open‑market sales (transaction code S), executed pursuant to a 10b5‑1 plan (Footnote F1).
- Shares sold: 4,000 total — 3,700 @ weighted avg $50.39 (range $49.98–$50.96); 300 @ weighted avg $51.26 (range $51.04–$51.61).
- Total proceeds: ≈ $201,819.
- Shares owned after transaction: Footnote F4 indicates holdings include 12,322 shares from the ESPP, 4,165 held in a retirement account, and ~183 in a 401(k) (≈16,670 shares total reported in footnote); the Form 4 does not state a precise post‑sale total beyond these amounts.
- Filing timeliness: Form 4 was filed July 10, 2026 (within the typical two‑business‑day reporting window).
- Additional notes: Footnotes F2 and F3 explain the reported prices are weighted averages covering multiple trade prices; full per‑price breakdowns are available on request.
Context
Sales executed under a prearranged 10b5‑1 plan are typically routine and pre-specified, and therefore are often viewed differently than discretionary insider trades. This filing documents a sale (not a purchase or option exercise) and does not, by itself, indicate the insider’s current view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F4]2026-07-08$50.39/sh−3,700$186,442→ 66,538 total - Sale
Common Stock
[F1][F3][F4]2026-07-08$51.26/sh−300$15,377→ 66,238 total
Footnotes (4)
- [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 $49.98 to $50.96 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 $51.04 to $51.61 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]Includes 12,322 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account; and approximately 183 shares held through Issuer's 401(k) Plan.