Mendoza Marie 4

What Happened
Marie Mendoza, SVP and General Counsel of Kratos Defense & Security Solutions (KTOS), sold a total of 1,516 common shares in open-market transactions on March 16, 2026 for aggregate proceeds of about $134,883. The reported sales were: 250 shares at $87.55 ($21,887); 753 shares at $88.79 ($66,860); 463 shares at $89.82 ($41,588); and 50 shares at $90.95 ($4,548). These were disposals (sales), which are generally routine—especially when executed under a pre-set trading plan.

Key Details

• Transaction date: March 16, 2026; Form filed March 18, 2026 (filed within the usual 2‑business‑day window).
• Per-sale detail and reported values:
  • 250 sh @ $87.55 = $21,887 (weighted avg; sales in range $87.17–$87.99)
  • 753 sh @ $88.79 = $66,860 (weighted avg; sales in range $88.29–$89.05)
  • 463 sh @ $89.82 = $41,588 (weighted avg; sales in range $89.56–$90.23)
  • 50 sh @ $90.95 = $4,548
• Notable footnotes: F1 — transactions were effected pursuant to a 10b5‑1 trading plan adopted March 17, 2025. F2–F4 — several reported prices are weighted averages reflecting multiple executions within the stated ranges; the filer offers to provide per‑price breakdowns on request. F5 — filing notes holdings include 2,251 shares from the ESPP and ~14,239 shares held in a 401(k) plan.
• Shares owned after transaction: the provided summary does not state the full post‑transaction total; see footnote F5 for portions of holdings included in the report.

Context
Sales made under a 10b5‑1 plan are pre‑arranged and often automatic, so they do not necessarily reflect the insider’s current view of the company. For retail investors, purchases by insiders are typically more informative of bullish sentiment; routine sales like these are common for diversification or liquidity. This was a straightforward open‑market disposal, not an option exercise, gift, or award.