Kratos Defense (KTOS) president sells 7,000 shares of stock
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) reported that Steven S. Fendley, President, US Division, sold 7,000 shares of common stock on August 24, 2026 at $56.16 per share in an open-market transaction. The sale was effected under a Rule 10b5-1 trading plan adopted on May 12, 2025. Following this transaction, Fendley directly holds 288,111 shares of KTOS common stock, including approximately 2,439 shares held through the issuer's 401(k) Plan.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 7,000 shares
Net Sell
1 txn
Insider
Fendley Steven S.
Role
President, US Division
Sold
7,000 shs ($393K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,000 | $56.16 | $393K |
Holdings After Transaction:
Common Stock — 288,111 shares (Direct)
Footnotes (2)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- F2. Includes approximately 2,439 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 7,000 shares of Common Stock
Sale price per share: $56.16 per share
Shares owned after transaction: 288,111 shares
+2 more
5 metrics
Shares sold
7,000 shares of Common Stock
Open-market sale on August 24, 2026
Sale price per share
$56.16 per share
Price reported for the 7,000 shares sold
Shares owned after transaction
288,111 shares
Direct holdings of Steven S. Fendley following the sale
Shares held through 401(k) Plan
2,439 shares
Approximate KTOS shares held via issuer's 401(k) Plan included in post-transaction holdings
10b5-1 trading plan adoption date
May 12, 2025
Date Fendley adopted the Rule 10b5-1 plan used for this sale
Key Terms
Rule 10b5-1 trading plan, Form 4, 401(k) Plan, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
401(k) Plan financial
"Includes approximately 2,439 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did KTOS report for Steven S. Fendley?
Steven S. Fendley sold 7,000 shares of KRATOS DEFENSE & SECURITY SOLUTIONS, INC. common stock on August 24, 2026 at $56.16 per share in an open-market transaction, as reported on Form 4.
Was the KTOS insider sale by Steven S. Fendley under a Rule 10b5-1 plan?
Yes. The Form 4 states the transaction “was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025,” indicating it followed a pre-arranged trading plan.
What is Steven S. Fendley’s role at KTOS mentioned in the Form 4?
Steven S. Fendley is identified as an officer of KRATOS DEFENSE & SECURITY SOLUTIONS, INC., holding the title President, US Division, in the Form 4 reporting this stock sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.