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Kratos (NASDAQ: KTOS) CFO gets stock awards and withholds shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kratos Defense & Security Solutions EVP & CFO Deanna H. Lund reported a mix of stock awards and tax-related share withholdings. On March 4, 2026, she acquired three separate grants of 25,000 shares of common stock each at $0.00 per share through settlement of Performance Restricted Stock Unit Awards granted on January 3, 2022, January 4, 2024, and January 3, 2025.

On the same date, three transactions coded F withheld 13,487 shares each at $89.13 per share to cover tax liabilities in connection with these vestings, in line with the issuer’s trading policies. After these transactions, Lund directly owned 304,630 shares of common stock, including 16,626 shares purchased through the Employee Stock Purchase Plan and approximately 19,704 shares held through the company’s 401(k) plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lund Deanna H

(Last) (First) (Middle)
10680 TREENA STREET, SUITE 600

(Street)
SAN DIEGO CA 92131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. [ KTOS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 A 25,000(1) A $0 295,091(5) D
Common Stock 03/04/2026 F 13,487(4) D $89.13 281,604(5) D
Common Stock 03/04/2026 A 25,000(2) A $0 306,604(5) D
Common Stock 03/04/2026 F 13,487(4) D $89.13 293,117(5) D
Common Stock 03/04/2026 A 25,000(3) A $0 318,117(5) D
Common Stock 03/04/2026 F 13,487(4) D $89.13 304,630(5) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022.
2. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2024.
3. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2025.
4. 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.
5. Includes 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 19,704 shares held through Issuer's 401(k) Plan.
Deanna H. Lund, by Eva Yee, Attorney-In-Fact 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did KTOS EVP & CFO Deanna Lund report?

Deanna Lund reported a combination of equity awards and tax-related withholdings. She received three grants of 25,000 KTOS common shares each, then had three separate 13,487-share transactions withheld to satisfy tax liabilities tied to those vested performance-based awards.

Were Deanna Lund’s KTOS share transactions open-market buys or sells?

The reported KTOS transactions were not open-market buys or sells. They were grants from settling Performance Restricted Stock Unit Awards and share withholdings coded “F” used to pay tax liabilities in accordance with the company’s trading policies on vested shares.

How many KTOS shares did Deanna Lund acquire through awards on March 4, 2026?

On March 4, 2026, Deanna Lund acquired three separate awards of 25,000 KTOS common shares each. These came from settlements of Performance Restricted Stock Unit Awards granted in January 2022, January 2024, and January 2025, all reported at a price of $0.00 per share.

Why were some KTOS shares disposed of in Deanna Lund’s Form 4 filing?

Shares were disposed of solely to satisfy tax obligations. Three Form 4 transactions coded “F” withheld 13,487 KTOS shares each at $89.13 per share, described as payment of tax liabilities in connection with vested shares reported in the filing, under issuer trading policies.

How many KTOS shares does Deanna Lund own after these transactions?

After the reported transactions, Deanna Lund directly owned 304,630 KTOS common shares. This total includes 16,626 shares purchased through the company’s Employee Stock Purchase Plan and approximately 19,704 shares held through Kratos’ 401(k) retirement plan, as noted in the footnotes.

What types of equity plans contributed to Deanna Lund’s KTOS holdings?

Her KTOS holdings reflect multiple equity sources. She received shares from settling Performance Restricted Stock Unit Awards, plus additional ownership through 16,626 Employee Stock Purchase Plan shares and about 19,704 shares held within the company’s 401(k) retirement plan, according to the disclosed footnote details.
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15.98B
164.48M
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States
SAN DIEGO