Fendley Steven S. 4
4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Kratos (KTOS) President US Division Steven Fendley Sells 35,000 Shares
What Happened
Steven S. Fendley, President — U.S. Division of Kratos Defense & Security Solutions (KTOS), sold a total of 35,000 shares in open-market transactions on June 8, 2026. The filing reports two disposals: 33,250 shares at a weighted-average price of $58.19 (proceeds $1,934,758) and 1,750 shares at a weighted-average price of $59.11 (proceeds $103,446), for combined proceeds of $2,038,204. These were reported as sales (S) and were made in accordance with the issuer's trading policies.
Key Details
- Transaction date: 2026-06-08; Form 4 filed 2026-06-10 (timely — within required reporting window).
- Prices reported as weighted averages:
- 33,250 shares — $58.19 avg; individual trade prices ranged $57.94 to $58.76 (Footnote F2).
- 1,750 shares — $59.11 avg; individual trade prices ranged $59.10 to $59.21 (Footnote F3).
- Sale type: open-market sale per company trading policies (Footnote F1).
- Shares owned after transaction: not specified in the provided summary of the filing; footnote F4 notes ~2,415 shares are held through the issuer's 401(k) plan.
- Reporting commitments: the filer will provide per-price breakdowns on request (per F2/F3).
Context
These were outright open-market sales, which are often routine and conducted under company trading policies; insider sales do not by themselves indicate company performance or insider sentiment. Purchases typically carry more direct bullish signal than routine sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F4]2026-06-08$58.19/sh−33,250$1,934,758→ 310,837 total - Sale
Common Stock
[F1][F3][F4]2026-06-08$59.11/sh−1,750$103,446→ 309,087 total
Footnotes (4)
- [F1]Open market sale of Issuer's common stock made in accordance with Issuer's trading policies.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.94 to $58.76 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.10 to $59.21 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.
- [F4]Includes approximately 2,415 shares held through Issuer's 401(k) Plan.