Kratos (KTOS) division president sells 4,000 shares in pre-set 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. executive David M. Carter, President of the DRSS Division, reported open-market sales of a total of 4,000 shares of common stock on July 8, 2026. The shares were sold in two tranches at weighted average prices of $50.3897 and $51.2551 per share. These transactions were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 13, 2025, and Carter continues to hold a significant direct equity stake, including shares accumulated through the Employee Stock Purchase Plan, a retirement account, and the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Pre-planned sale of 4,000 KTOS shares; modest size and holdings remain substantial.
Division President David M. Carter sold 4,000 Kratos common shares on July 8, 2026 in open-market trades at weighted average prices of $50.3897 and $51.2551. The structured data shows only sales, with no option exercises or derivative activity.
A key detail is that the sales were executed under a Rule 10b5-1 trading plan adopted on June 13, 2025, indicating they were pre-scheduled rather than discretionary timing decisions. Post-trade figures indicate that Carter still holds tens of thousands of shares, including positions via the Employee Stock Purchase Plan, a retirement account, and a 401(k) Plan, so his remaining exposure to Kratos equity remains meaningful.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($201,818)
Net Sell
2 txns
Insider
Carter David M
Role
President, DRSS Division
Sold
4,000 shs ($202K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,700 | $50.3897 | $186K |
| Sale | Common Stock | 300 | $51.2551 | $15K |
Holdings After Transaction:
Common Stock — 66,538 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.98 to $50.96 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.04 to $51.61 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. Includes 12,322 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account; and approximately 183 shares held through Issuer's 401(k) Plan.
Key Figures
Total shares sold: 4,000 shares
Weighted average sale price (3,700 shares): $50.3897 per share
Weighted average sale price (300 shares): $51.2551 per share
+3 more
6 metrics
Total shares sold
4,000 shares
Aggregate common shares sold by David M. Carter on July 8, 2026
Weighted average sale price (3,700 shares)
$50.3897 per share
Open-market sale of 3,700 common shares on July 8, 2026
Weighted average sale price (300 shares)
$51.2551 per share
Open-market sale of 300 common shares on July 8, 2026
ESPP shares held
12,322 shares
Shares purchased through Kratos Employee Stock Purchase Plan included in ownership
Retirement account shares
4,165 shares
Shares held through Carter’s retirement account
401(k) Plan shares
183 shares (approximately)
Shares held through Kratos 401(k) Plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, 401(k) Plan
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person"
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.
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 12,322 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.
401(k) Plan financial
"approximately 183 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
What insider transaction did KTOS executive David M. Carter report?
David M. Carter reported selling 4,000 shares of Kratos common stock in open-market transactions on July 8, 2026, at weighted average prices of $50.3897 and $51.2551 per share.
Was the KTOS insider sale by David M. Carter under a 10b5-1 trading plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by David M. Carter on June 13, 2025, indicating the sales were pre-arranged.
What position does David M. Carter hold at KTOS?
David M. Carter is identified as President, DRSS Division of Kratos Defense & Security Solutions, Inc., and he reported the July 8, 2026 open-market sales in that capacity.