Kratos Defense & Security (KTOS) executive sells 7,000 shares
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 7,000 shares
Net Sell
2 txns
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)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- 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.
- 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.
- F4. Includes approximately 2,448 shares held through Issuer's 401(k).
Key Figures
Total shares sold: 7,000 shares
First block sold: 5,900 shares
Second block sold: 1,100 shares
+5 more
8 metrics
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)
Key Terms
10b5-1 trading plan, weighted average price, 401(k)
3 terms
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.
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.
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.
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.