Kratos (NASDAQ: KTOS) GC sells 1,500 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions SVP & General Counsel Marie Mendoza sold a total of 1,500 shares of common stock in open-market trades on June 15, 2026, at prices around $57–$59, under a pre-arranged Rule 10b5-1 trading plan adopted on March 17, 2025. After these sales, she directly holds 64,447 shares, including 2,251 shares purchased through the company’s Employee Stock Purchase Plan and approximately 14,773 shares held through its 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($86,889)
Net Sell
3 txns
Insider
Mendoza Marie
Role
SVP & General Counsel
Sold
1,500 shs ($87K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 800 | $57.5288 | $46K |
| Sale | Common Stock | 600 | $58.2017 | $35K |
| Sale | Common Stock | 100 | $59.45 | $6K |
Holdings After Transaction:
Common Stock — 65,147 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person March 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.90 to $57.84 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 $57.90 to $58.72 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 2,251 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 14,773 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 1,500 shares
Sale price 1: $59.45 per share
Sale price 2: $58.2017 per share
+4 more
7 metrics
Shares sold
1,500 shares
Total KTOS common shares sold on June 15, 2026
Sale price 1
$59.45 per share
Weighted average price for 100-share sale
Sale price 2
$58.2017 per share
Weighted average price for 600-share sale
Sale price 3
$57.5288 per share
Weighted average price for 800-share sale
Post-transaction holdings
64,447 shares
Direct KTOS shares held after reported sales
ESPP shares
2,251 shares
Shares purchased through Employee Stock Purchase Plan
401(k) shares
14,773 shares
Approximate KTOS shares held through 401(k) Plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, 401(k) Plan, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person March 17, 2025."
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 2,251 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 14,773 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did KTOS executive Marie Mendoza report in this Form 4?
Marie Mendoza reported selling 1,500 KTOS shares in open-market trades. The sales occurred on June 15, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than timed discretionarily.
Was the KTOS insider sale by Marie Mendoza under a Rule 10b5-1 plan?
Yes, the sales were made under a Rule 10b5-1 trading plan. The footnotes state the plan was adopted on March 17, 2025, meaning the June 15, 2026 transactions were pre-scheduled rather than opportunistic market-timed trades.
What role does Marie Mendoza hold at Kratos Defense (KTOS)?
Marie Mendoza serves as Senior Vice President and General Counsel at KTOS. As a Section 16 officer, she must report transactions in company stock on Form 4, providing transparency into her personal trading activity in Kratos Defense shares.