Kratos (KTOS) division head sells 4,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions executive David M. Carter, President of the DRSS Division, reported open-market sales of 4,000 shares of common stock on April 8, 2026. The trades were executed in multiple transactions at weighted average prices, with footnotes indicating sale price ranges between $72.67 and $77.26 per share.
The filing notes these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted by Carter on June 13, 2025. Following the transactions, he directly holds 78,051 shares of Kratos stock, including shares acquired through the employee stock purchase plan, a retirement account, and the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($296,625)
Net Sell
5 txns
Insider
Carter David M
Role
President, DRSS Division
Sold
4,000 shs ($297K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,905 | $73.3049 | $140K |
| Sale | Common Stock | 1,295 | $74.1506 | $96K |
| Sale | Common Stock | 400 | $75.1925 | $30K |
| Sale | Common Stock | 300 | $76.9733 | $23K |
| Sale | Common Stock | 100 | $77.85 | $8K |
Holdings After Transaction:
Common Stock — 80,146 shares (Direct)
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 $72.67 to $73.63 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 $73.67 to $74.53 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 $74.90 to $75.38 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 $76.69 to $77.26 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 12,200 shares purchased through Issuer's Employee Stock Purchase Plan; 4,165 shares held through reporting person's retirement account; and approximately 118 shares held through Issuer's 401(k) Plan..
Key Figures
Shares sold: 4,000 shares
Price range of sales: $72.67–$77.26 per share
Shares held after transactions: 78,051 shares
+3 more
6 metrics
Shares sold
4,000 shares
Common stock sold on April 8, 2026
Price range of sales
$72.67–$77.26 per share
Multiple open-market transactions on April 8, 2026
Shares held after transactions
78,051 shares
Direct ownership following April 8, 2026 sales
ESPP shares included
12,200 shares
Purchased through Issuer's Employee Stock Purchase Plan
Retirement account shares
4,165 shares
Held through the reporting person’s retirement account
401(k) plan shares
Approximately 118 shares
Held through Issuer's 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 financial
"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 12,200 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.
401(k) Plan financial
"and approximately 118 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.
