STOCK TITAN

Kratos Defense & Security (KTOS) executive sells 7,000 shares

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Steven S. Fendley, President, US Division of Kratos Defense & Security Solutions, sold a total of 7,000 shares of common stock on July 27, 2026, in two open-market transactions at weighted average prices of $46.9935 and $47.8618 per share under a 10b5-1 trading plan adopted on May 12, 2025. The sales were executed through multiple trades within price ranges of $46.80–$47.65 and $47.85–$47.98, and his reported direct holdings include approximately 2,448 shares held through the company’s 401(k) plan.

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Insider Fendley Steven S.
Role President, US Division
Sold 7,000 shs ($330K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F4 5,900 $46.9935 $277K
Sale Common Stock F1, F3, F4 1,100 $47.8618 $53K
Holdings After Transaction: Common Stock — 295,120 shares (Direct)
Footnotes (4)
  1. F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.80 to $47.65 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.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.85 to $47.98 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.
  4. F4. Includes approximately 2,448 shares held through Issuer's 401(k).
Total shares sold 7,000 shares Common shares of KTOS sold by Steven S. Fendley on 2026-07-27
First block sold 5,900 shares First reported sale of KTOS common stock on 2026-07-27
Second block sold 1,100 shares Second reported sale of KTOS common stock on 2026-07-27
Weighted avg price (first sale) $46.9935 per share Weighted average sale price for 5,900 shares of KTOS
Weighted avg price (second sale) $47.8618 per share Weighted average sale price for 1,100 shares of KTOS
First sale price range $46.80–$47.65 Price range of multiple trades comprising the first reported sale
Second sale price range $47.85–$47.98 Price range of multiple trades comprising the second reported sale
Shares held through 401(k) approximately 2,448 shares Portion of Steven S. Fendley’s reported direct holdings in issuer’s 401(k)
10b5-1 trading plan regulatory
"This transaction was effected pursuant to a 10b5-1 trading plan adopted..."
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.
401(k) financial
"Includes approximately 2,448 shares held through Issuer's 401(k)."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did KTOS report involving Steven S. Fendley?

Steven S. Fendley, President, US Division of Kratos Defense & Security Solutions, reported selling 7,000 shares of common stock on July 27, 2026 in two open-market transactions conducted under a 10b5-1 trading plan.

How many KTOS shares did Steven S. Fendley sell in each transaction?

Steven S. Fendley sold 5,900 shares of KTOS common stock at a weighted average price of $46.9935 per share and a separate block of 1,100 shares at a weighted average price of $47.8618 per share on July 27, 2026.

At what prices were the KTOS insider sales by Steven S. Fendley executed?

The first sale had a weighted average price of $46.9935 per share across trades from $46.80–$47.65. The second had a weighted average of $47.8618 per share, with trades ranging from $47.85–$47.98, all reported as open-market transactions.

Was the KTOS insider sale by Steven S. Fendley made under a 10b5-1 trading plan?

Yes. A footnote states the transactions were effected pursuant to a 10b5-1 trading plan adopted by Steven S. Fendley on May 12, 2025, indicating the sales followed a pre-established trading arrangement.

How many KTOS shares does Steven S. Fendley hold through the company 401(k) plan?

A footnote explains that his reported direct holdings include approximately 2,448 shares of KTOS common stock held through the issuer’s 401(k) plan, as part of his overall ownership position after the reported transactions.

Were Steven S. Fendley’s reported KTOS trades in direct or indirect holdings?

Both reported transactions involve direct ownership of KTOS common stock, as indicated by the ownership code “D” for each sale entry, meaning the shares were held directly rather than through an intermediate entity or trust.
SEC Form 4
FORM 4UNITED 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).
X
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*
Fendley Steven S.

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

(Street)
SAN DIEGO CALIFORNIA 92131

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, US Division
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/27/2026S5,900(1)D$46.9935(2)296,220(4)D
Common Stock07/27/2026S1,100(1)D$47.8618(3)295,120(4)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.80 to $47.65 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.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.85 to $47.98 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.
4. Includes approximately 2,448 shares held through Issuer's 401(k).
Steven S. Fendley, by Eva Yee, Attorney-In-Fact07/29/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)