Fendley Steven S. 4

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.