Cervantes de Burgreen Maria 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Kratos (KTOS) VP Maria Cervantes de Burgreen Receives 12,500-Share Award
What Happened
Maria Cervantes de Burgreen, VP & Corporate Controller of Kratos Defense & Security Solutions (KTOS), had three Performance Restricted Stock Unit (PRSU) awards settle on March 4, 2026. She was issued a total of 12,500 shares (4,166 + 4,167 + 4,167) at $0.00 acquisition price (award settlement). To satisfy tax withholding obligations, 2,247, 2,248 and 2,248 shares (total 6,743 shares) were withheld/disposed at $89.13 per share, generating proceeds of about $601,003. Net to her after withholding: 5,757 shares (worth roughly $513,122 at $89.13).
Key Details
- Transaction dates: March 4, 2026 (reported on Form 4 filed March 6, 2026) — filing appears timely.
- Awards settled (Code A): 4,166; 4,167; 4,167 shares (total 12,500) — acquisition price reported $0.00 (PRSU settlement).
- Tax withholding (Code F): 2,247; 2,248; 2,248 shares withheld/disposed at $89.13 each — total proceeds reported $200,275; $200,364; $200,364 (combined $601,003).
- Net change: +5,757 shares retained by insider after withholding (12,500 awarded − 6,743 withheld).
- Holdings note: filing states holdings include 6,475 shares from the Employee Stock Purchase Plan and ~6,754 shares held through the company 401(k) plan (no total post-transaction beneficial ownership is specified in the provided summary).
- Footnotes: awards are PRSUs granted Jan 3, 2022; Jan 4, 2024; and Jan 3, 2025. Withholding was done via net share settlement to meet tax liability (routine, per issuer policy).
- Transaction codes explained: A = award/acquisition (settlement); F = shares withheld/disposed to satisfy tax liability.
Context
- This was a settlement of performance RSUs with tax withholding (a common administrative step), not an open-market sale. Withholding (cashless net settlement) reduces the number of shares the insider actually receives and is standard practice when restricted awards vest.
- Such award settlements and tax-withholding transactions are routine and do not on their own indicate the insider is buying or selling for investment reasons. Purchases would be a stronger bullish signal.
Insider Transaction Report
- Award
Common Stock
[F1][F5]2026-03-04+4,166→ 64,049 total - Tax Payment
Common Stock
[F4][F5]2026-03-04$89.13/sh−2,247$200,275→ 61,802 total - Award
Common Stock
[F2][F5]2026-03-04+4,167→ 65,969 total - Tax Payment
Common Stock
[F4][F5]2026-03-04$89.13/sh−2,248$200,364→ 63,721 total - Award
Common Stock
[F3][F5]2026-03-04+4,167→ 67,888 total - Tax Payment
Common Stock
[F4][F5]2026-03-04$89.13/sh−2,248$200,364→ 65,640 total
Footnotes (5)
- [F1]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022.
- [F2]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2024.
- [F3]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2025.
- [F4]Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
- [F5]Includes 6,475 shares purchased through Issuer's Employee Stock Purchase Plan, and approximately 6,754 shares held through Issuer's 401(k) Plan.