[144] Kratos Defense & Security Solutions, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice filed for KTOS shows a proposed sale of 6,000 common shares through Morgan Stanley Smith Barney with an aggregate market value of $406,690.20 and an approximate sale date of 08/15/2025. The filing reports 168,794,500 shares outstanding for the issuer. The shares to be sold were originally acquired as restricted stock on 01/03/2022 (559 shares) and 01/04/2022 (5,441 shares), totaling 6,000 shares. The filer also reported two recent sales during the past three months: 6,000 shares on 07/15/2025 for $308,503.20 and 6,000 shares on 06/16/2025 for $252,967.20. The notice includes the seller name Phillip Carrai and a representation that no undisclosed material information is known.

Positive

• Transaction transparency provided with broker, share counts, market values, and acquisition details
• Shares originated as restricted stock, indicating lawful insider holdings rather than third-party purchases
• Seller attestation that no undisclosed material information is known, consistent with Rule 144 requirements

Negative

• Ongoing insider selling evidenced by two prior sales in June and July 2025 of 6,000 shares each
• Significant aggregate value of the proposed sale ($406,690.20) may be viewed negatively by some investors monitoring insider disposals

Insights

Securities Analyst

TL;DR Insider plans to sell 6,000 KTOS shares; recent June and July disposals indicate ongoing selling activity.

The filing documents a proposed sale of 6,000 common shares via Morgan Stanley Smith Barney with an aggregate market value of $406,690.20 and an approximate sale date of 08/15/2025. The shares were originally issued as restricted stock in January 2022 and match recent dispositions of 6,000 shares in June and 6,000 in July 2025, suggesting continued insider liquidity events. For investors, this is a routine Rule 144 disposition notice that provides transparency on insider sales but does not, by itself, disclose issuer operational or financial changes.

Corporate Governance Expert

TL;DR Filing is a standard Rule 144 notice documenting permitted insider sales; documentation appears complete for the proposed sale.

The notice names the broker, quantifies the proposed sale and outstanding shares, and lists acquisition details showing restricted stock origin. It also reports two prior sales in the past three months by the same seller. The signer represents no undisclosed material information exists. This filing meets procedural disclosure expectations under Rule 144 and serves to maintain market transparency regarding insider transactions.

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	406690.20	168794500	08/15/2025	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	01/03/2022	Restricted Stock	ISSUER			559	01/03/2022	Not Applicable
Common	01/04/2022	Restricted Stock	ISSUER			5441	01/04/2022	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	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

What does the Form 144 filed for KTOS report?

It reports a proposed sale of 6,000 common shares through Morgan Stanley Smith Barney with aggregate market value of $406,690.20 and approximate sale date of 08/15/2025.

Who is the seller named on the Form 144 for KTOS?

Phillip Carrai is listed as the seller with an address provided in the filing.

When were the shares being sold originally acquired?

The 6,000 shares were acquired as restricted stock on 01/03/2022 (559 shares) and 01/04/2022 (5,441 shares).

Has the seller recently sold other KTOS shares?

Yes. The filing lists sales of 6,000 shares on 07/15/2025 for $308,503.20 and 6,000 shares on 06/16/2025 for $252,967.20.

Which broker is handling the proposed KTOS sale?

Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY is listed as the broker.