[144] KRATOS DEFENSE & SECURITY SOLUTIONS, INC. SEC Filing

Rhea-AI Filing Summary

Insider sale notice for KTOS. This Form 144 shows proposed and recent sales of common stock by Phillip Carrai. The filing reports a proposed sale of 6,000 shares with an aggregate market value of $412,912.20 to be executed on 09/15/2025 on NASDAQ. It also discloses three recent sales during the past three months: 6,000 shares on 08/15/2025 for $406,690.20, 6,000 shares on 07/15/2025 for $308,503.20, and 6,000 shares on 06/16/2025 for $252,967.20, totaling 18,000 shares and $968,160.60 in gross proceeds. The shares originated as restricted stock granted by the issuer on 01/03/2022 and 01/04/2024.

Positive

• Timely regulatory disclosure of insider sales under Rule 144
• Detailed transaction data provided (dates, broker, gross proceeds, market)

Negative

• Insider liquidity evidenced by 18,000 shares sold in three months (may be perceived negatively by some investors)
• No contextual explanation in the filing for the purpose of the sales beyond standard representations

Insights

Securities Analyst

TL;DR: Multiple scheduled and recent insider sales totaling 18,000 shares; routine disclosure without additional context.

The filing documents compliant sales activity under Rule 144 by Phillip Carrai, including a proposed sale and three completed transactions in the prior three months. The disclosed origin of the shares is restricted stock issued by the company on specific dates in 2022 and 2024. The transactions are reported with execution dates, broker name and gross proceeds, enabling transparent tracking of insider liquidity. Absent additional company disclosure, these are administrative insider sales rather than event-driven changes to business fundamentals.

Corporate Governance Expert

TL;DR: The Form 144 is a standard compliance filing; it signals insider liquidity but provides no new operational information.

The notice includes the broker (Morgan Stanley Smith Barney LLC Executive Financial Services), the marketplace (NASDAQ), and the relationship that the securities were acquired from the issuer as restricted stock. The filer’s representation about lack of undisclosed material information is present on the form. From a governance perspective, timely disclosure of these sales aligns with regulatory expectations; the form does not indicate any change in executive role or governance actions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6000	412912.20	168794500	09/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/04/2024	Restricted Stock	ISSUER			1442	01/04/2024	Not Applicable
Common	01/03/2022	Restricted Stock	ISSUER			4558	01/03/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PHILLIP CARRAI 1 Chisholm Trail, Suite 300 Round Rock TX 78681	Common	08/15/2025	6000	406690.20
PHILLIP CARRAI 1 Chisholm Trail, Suite 300 Round Rock TX 78681	Common	07/15/2025	6000	308503.20
PHILLIP CARRAI 1 Chisholm Trail, Suite 300 Round Rock TX 78681	Common	06/16/2025	6000	252967.20

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Who filed this Form 144 for KTOS?

Phillip Carrai is listed as the person selling the securities.

How many shares were sold by the insider in the past three months?

18,000 shares were sold (three transactions of 6,000 shares each).

What were the gross proceeds from the recent insider sales?

$968,160.60 in gross proceeds from the three reported sales.

What is the proposed sale reported on this Form 144?

A proposed sale of 6,000 shares with an aggregate market value of $412,912.20, approximate sale date 09/15/2025 on NASDAQ.

How were the shares acquired that are being sold?

The shares were acquired as restricted stock from the issuer on 01/03/2022 and 01/04/2024.