Fendley Steven S. 4

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.