4Filed Aug 6, 8:00 PM ET
Kratos (KTOS) David M. Carter Sells 4,000 Shares
$KTOS · KRATOS DEFENSE & SECURITY SOLUTIONS, INC.Research Summary
AI-generated summary of this SEC filing
Kratos (KTOS) 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 August 5, 2026, generating about $223,599 in proceeds.
- The sales occurred in four tranches: 2,100 shares @ $55.34 ($116,215); 1,500 shares @ $56.21 ($84,318); 300 shares @ $57.24 ($17,172); and 100 shares @ $58.94 ($5,894). These prices are reported as weighted averages for groups of transactions.
Key Details
- Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (timely filing under Form 4 rules).
- Sale type: Open-market sales (code S).
- Price ranges (per footnotes): $54.77–$55.75; $55.90–$56.87; $57.08–$57.49 for the respective tranches (weighted averages reported).
- Covered by a 10b5-1 trading plan adopted June 13, 2025 (pre-arranged automated trading).
- Reported holdings after the transactions include approximately 16,669 shares in aggregate (12,322 via ESPP, 4,165 in a retirement account, ~182 via 401(k)), per the filing footnote.
Context
- This was a routine sale under a pre-established 10b5-1 plan; such sales are generally considered pre-arranged and do not necessarily signal a change in insider sentiment.
- Sales (like these) are less informative than purchases for gauging insider conviction but are useful for tracking insider liquidity and timing.