Kratos (KTOS) division president reports stock awards and tax withholding moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions executive Phillip D. Carrai, President of the STC Division, reported several equity-compensation events in company Common Stock on March 4, 2026. He acquired share grants of 16,666, 16,667 and 16,667 shares through settlements of prior Performance Restricted Stock Unit awards. To cover related tax liabilities, 7,516 shares were withheld in each of three transactions at $89.13 per share rather than sold on the open market. After these direct transactions, his direct ownership remained over 200,000 shares, and an additional 46,644 shares are held indirectly by trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Carrai Phillip D
Role
President, STC Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,666 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,516 | $89.13 | $670K |
| Grant/Award | Common Stock | 16,667 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,516 | $89.13 | $670K |
| Grant/Award | Common Stock | 16,667 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,516 | $89.13 | $670K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 230,007 shares (Direct);
Common Stock — 46,644 shares (Indirect, by trust)
Footnotes (1)
- Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2024. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2025. Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4. Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan, and approximately 4,246 shares held through Issuer's 401(k) Plan.
FAQ
What insider transactions did KTOS executive Phillip D. Carrai report?
Phillip D. Carrai reported equity-compensation transactions in Kratos common stock. He received multiple share grants from performance restricted stock unit settlements and had shares withheld to satisfy tax liabilities, all recorded as non-open-market transactions on March 4, 2026.
What does the tax-withholding disposition mean in the KTOS Form 4?
The tax-withholding disposition reflects shares withheld to pay taxes on vested awards. In three transactions, 7,516 Kratos shares each were withheld at $89.13 per share, satisfying Carrai’s tax obligations without selling shares into the open market.
What is Phillip D. Carrai’s ownership in KTOS after these transactions?
After the reported transactions, Phillip D. Carrai holds more than 200,000 Kratos shares directly, based on the post-transaction totals in the filing. The report also notes 46,644 additional shares held indirectly in a trust associated with him.
Were the KTOS insider transactions open-market buys or sales?
No, the reported transactions were not open-market buys or sales. They were stock grants from Performance Restricted Stock Unit settlements and related tax-withholding dispositions, where shares were withheld to cover tax liabilities instead of being sold on the market.
What role does Phillip D. Carrai hold at Kratos Defense (KTOS)?
Phillip D. Carrai serves as President of Kratos Defense & Security Solutions’ STC Division. His Form 4 filing details changes in his beneficial ownership of Kratos common stock resulting from equity-compensation awards and related tax-withholding dispositions.