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

Rhea-AI Filing Summary

Kratos Defense & Security Solutions (KTOS) filing a Form 144 notifies a proposed sale of 3,846 common shares by an insider through Morgan Stanley Smith Barney, with an aggregate market value of $351,409.02 and an approximate sale date of 10/01/2025 on NASDAQ. The reporting table shows these shares were acquired as Performance Stock Units on 02/29/2024. The filing also discloses two Rule 10b5-1 sales by the same person in the past three months: 4,000 shares sold on 09/02/2025 for $256,754.43 and 4,000 shares sold on 08/01/2025 for $222,025.18.

The filer affirms there is no undisclosed material adverse information and references reliance on a trading plan where applicable. The notice is procedural under Rule 144 to report an intended sale of previously awarded equity units.

Positive

• Disclosure compliance: Form 144 properly reports the proposed sale and past 10b5-1 sales, supporting regulatory transparency
• Use of 10b5-1 plans: Recent 10b5-1 sales suggest trades are preplanned, reducing concerns about insider timing

Negative

• Insider selling: The insider has executed recent sales (4,000 shares in August and September 2025) and plans another sale, which may be interpreted negatively by some investors
• Concentration of disposals: Multiple sales over a short period indicate ongoing liquidation of holdings

Insights

Securities Analyst

TL;DR: Insider plans to sell a modest block of shares under Rule 144, following recent 10b5-1 sales.

The filing documents an insider sale of 3,846 shares valued at $351,409.02, acquired as performance stock units on 02/29/2024. This planned transaction is routine for insiders monetizing vested awards and is being routed through Morgan Stanley Smith Barney. Recent 10b5-1 sales (4,000 shares each in August and September 2025) indicate an established trading plan or patterned disposition of holdings. For investors, this is a disclosure of insider liquidity rather than an operational signal; no additional financial results or material disclosures are included in the filing.

Corporate Governance Expert

TL;DR: Filing reflects compliance with disclosure rules; prior 10b5-1 activity suggests preplanned insider selling.

The Form 144 shows the seller acquired the securities as performance stock units and is asserting no material nonpublic information exists. The inclusion of recent 10b5-1 sales supports the view that disposals are executed under pre-established plans, which typically mitigate regulatory concerns about opportunistic trades. This disclosure meets procedural requirements and provides transparency on insider share movements but does not convey company operational performance.

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	3846	351409.02	168794500	10/01/2025	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	02/29/2024	Performance Stock Units	Issuer			3846	02/29/2024	N/A

* 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
10b5-1 Sales for STACEY ROCK 10680 TREENA STREET, SUITE 600 SAN DIEGO CA 92131	Common	09/02/2025	4000	256754.43
10b5-1 Sales for STACEY ROCK 10680 TREENA STREET, SUITE 600 SAN DIEGO CA 92131	Common	08/01/2025	4000	222025.18

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

What does the Form 144 for KTOS disclose about the proposed sale?

The filing reports a proposed sale of 3,846 common shares valued at $351,409.02, with an approximate sale date of 10/01/2025 on NASDAQ.

How were the 3,846 shares acquired according to the filing?

The shares were acquired as Performance Stock Units on 02/29/2024 from the issuer.

Did the filer sell any KTOS shares recently?

Yes. The filing discloses two Rule 10b5-1 sales: 4,000 shares on 08/01/2025 for $222,025.18 and 4,000 shares on 09/02/2025 for $256,754.43.

Which broker is handling the proposed sale?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC (Executive Financial Services, New York, NY).

Does the filing indicate any undisclosed material information?

The filer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.