Kratos executive sells 4,000 shares under plan
Kratos Defense & Security Solutions President, DRSS Division David M. Carter sold 4,000 shares of common stock in open-market transactions.
Rhea-AI Filing Summary
Kratos Defense & Security Solutions President, DRSS Division David M. Carter sold 4,000 shares of common stock in open-market transactions. The sales on May 7, 2026 were executed at weighted average prices in ranges from $56.51 to $60.11 per share under a pre-arranged Rule 10b5-1 trading plan.
After these transactions, Carter directly holds 74,071 shares, including 12,200 shares purchased through the company’s Employee Stock Purchase Plan, 4,165 shares in a retirement account, and approximately 138 shares in the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
5 txns
Insider
Carter David M
Role
President, DRSS Division
Sold
4,000 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,300 | $56.8531 | $74K |
| Sale | Common Stock | 1,300 | $57.9831 | $75K |
| Sale | Common Stock | 1,100 | $58.7391 | $65K |
| Sale | Common Stock | 200 | $59.99 | $12K |
| Sale | Common Stock | 100 | $61.05 | $6K |
Holdings After Transaction:
Common Stock — 74,071 shares (Direct)
Footnotes (6)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 13, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.51 to $57.33 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.54 to $58.52 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.57 to $59.01 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.87 to $60.11 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F6. Includes 12,200 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account; and approximately 138 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 4,000 shares
Highest reported sale price: $61.05/share
Price ranges (lowest series): $56.51–$57.33/share
+5 more
8 metrics
Shares sold
4,000 shares
Total net shares sold on May 7, 2026
Highest reported sale price
$61.05/share
Individual open-market sale price on May 7, 2026
Price ranges (lowest series)
$56.51–$57.33/share
Weighted average price range noted in footnote
Price ranges (highest series)
$59.87–$60.11/share
Weighted average price range noted in footnote
Shares held after transactions
74,071 shares
Direct ownership following May 7, 2026 sales
ESPP shares held
12,200 shares
Purchased through Employee Stock Purchase Plan
Retirement account shares
4,165 shares
Held through reporting person’s retirement account
401(k) Plan shares
≈138 shares
Held through issuer’s 401(k) Plan
Key Terms
10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, retirement account, +1 more
5 terms
10b5-1 trading plan financial
"This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan financial
"Includes 12,200 shares purchased through Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
retirement account financial
"4,165 shares held through reporting person's retirement account"
401(k) Plan financial
"approximately 138 shares held through Issuer's 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KTOS executive David M. Carter report?
David M. Carter reported selling 4,000 shares of KTOS common stock in open-market transactions. The trades occurred on May 7, 2026 at weighted average prices within specified ranges disclosed in the filing’s footnotes.
Was the KTOS insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted on June 13, 2025, indicating the sales were pre-arranged rather than discretionary decisions made on the trade date.
What portion of David M. Carter’s KTOS holdings come from employee plans?
The filing notes that holdings include 12,200 shares from the Employee Stock Purchase Plan, 4,165 shares in a retirement account, and approximately 138 shares in the 401(k) Plan, all counted within his 74,071 directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
