KRATOS (KTOS) executive sells 6,500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. executive Phillip D. Carrai, President of the STC Division, reported selling 6,500 shares of common stock on June 15, 2026 in open-market transactions. The weighted average sale prices ranged from about $56.69 to $59.45 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 26, 2025. Following these sales, Carrai also reports indirect ownership of 46,644 shares held by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,500 shares ($375,323)
Net Sell
4 txns
Insider
Carrai Phillip D
Role
President, STC Division
Sold
6,500 shs ($375K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,700 | $57.2995 | $155K |
| Sale | Common Stock | 3,600 | $57.9992 | $209K |
| Sale | Common Stock | 200 | $59.085 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 218,852 shares (Direct, null);
Common Stock — 46,644 shares (Indirect, by trust)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person August 26, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.69 to $57.67 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 $57.71 to $58.51 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 $58.72 to $59.45 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 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,505 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 6,500 shares
Sale price range: $56.69–$57.67
Sale price range: $57.71–$58.51
+4 more
7 metrics
Shares sold
6,500 shares
Total common shares sold on June 15, 2026
Sale price range
$56.69–$57.67
Weighted average sale range noted in one footnote
Sale price range
$57.71–$58.51
Weighted average sale range noted in second footnote
Sale price range
$58.72–$59.45
Weighted average sale range noted in third footnote
Indirect trust holdings
46,644 shares
Common stock held indirectly by trust after transactions
ESPP shares
1,232 shares
Purchased through Employee Stock Purchase Plan
401(k) plan shares
4,505 shares
Approximate KRATOS shares held in 401(k) Plan
Key Terms
10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, 401(k) Plan, +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 August 26, 2025."
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 1,232 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
"and approximately 4,505 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.
indirect ownership financial
"total_shares_following_transaction": "46644.0000", "direct_or_indirect": "I", "nature_of_ownership": "by trust""
FAQ
What insider transaction did KTOS executive Phillip D. Carrai report?
Phillip D. Carrai reported selling 6,500 shares of KRATOS DEFENSE & SECURITY SOLUTIONS common stock on June 15, 2026. The Form 4 shows three open-market sale transactions at weighted average prices between about $56.69 and $59.45 per share.
Was Phillip D. Carrai’s KTOS stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted on August 26, 2025. Such plans pre-schedule trades, making the timing more routine rather than a discretionary decision.