Fendley Steven S. 4

What Happened Steven S. Fendley, President of Kratos Defense & Security Solutions' U.S. Division, sold 7,000 shares of KTOS stock in an open-market transaction on June 29, 2026. The weighted average sale price was $48.37 per share, resulting in total proceeds of approximately $338,556. This transaction is a sale (not a purchase) and was executed under a pre-established 10b5-1 trading plan.

Key Details

• Transaction date: June 29, 2026 (reported on Form 4 filed July 1, 2026).
• Transaction type/code: Sale (S); 7,000 shares disposed.
• Price: Weighted average $48.37; individual trade prices ranged from $47.94 to $48.60.
• Total proceeds: Approximately $338,556.
• Plan note: Executed pursuant to a 10b5-1 plan adopted May 12, 2025 (Footnote F1).
• Price detail note: Weighted average reported; the filer can provide the number of shares sold at each price upon request (Footnote F2).
• Holdings note: Footnote F3 indicates approximately 2,454 shares are held through Kratos’ 401(k) Plan; the Form 4 did not provide a separate, explicit total shares owned after this sale.
• Timeliness: Period of report 2026-06-29; Form 4 filed 2026-07-01 — appears filed within the normal two-business-day window (not marked late).

Context This was a planned sale under a 10b5-1 trading program, which is commonly used by insiders to sell shares according to pre-set rules and dates. Such planned sales are generally considered routine and do not by themselves indicate management sentiment about company prospects.