Fendley Steven S. 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Kratos (KTOS) Steven S. Fendley Sells 7,000 Shares
What Happened
Steven S. Fendley, President, U.S. Division of Kratos Defense & Security Solutions (KTOS), sold 7,000 shares on April 27, 2026. The shares were disposed at a weighted average price of $61.64, generating proceeds of approximately $431,451. The sale is reported as code "S" (sale) and was executed under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-04-27 (Form 4 filed 2026-04-29 — timely filing).
- Price: weighted average $61.64; individual sale prices ranged from $61.29 to $62.00.
- Shares sold: 7,000; proceeds ≈ $431,451.
- Ownership after transaction: not specified in the provided excerpt; footnote notes ~2,367 shares held through the issuer's 401(k) plan.
- Footnotes: (F1) Trade effected pursuant to a 10b5-1 plan adopted May 12, 2025. (F2) Weighted average price reported; breakdown of shares by exact price available on request. (F3) Includes ~2,367 shares held via the company 401(k).
Context
This was a sale under a 10b5-1 plan, meaning the trades were pre-authorized and scheduled in advance; such sales are often routine and do not by themselves indicate a change in the insider’s view of the company. For retail investors, purchases generally carry more informational weight than routine insider sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-04-27$61.64/sh−7,000$431,451→ 351,039 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.29 to $62.00 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]Includes approximately 2,367 shares held through Issuer's 401(k) Plan.