Kratos Defense (NASDAQ: KTOS) CFO sells 5,000 shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. EVP & CFO Deanna H. Lund reported selling 5,000 shares of common stock in open-market transactions on April 1, 2026. The sales occurred at reported prices from $68.0578 to $72.4500 per share and were made under a Rule 10b5-1 trading plan adopted on May 20, 2025.
After these transactions, she directly holds 300,069 shares, including 16,626 shares purchased through the company’s Employee Stock Purchase Plan and approximately 20,143 shares held through the company’s 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($348,130)
Net Sell
5 txns
Insider
Lund Deanna H
Role
EVP & CFO
Sold
5,000 shs ($348K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,800 | $68.0578 | $123K |
| Sale | Common Stock | 800 | $69.6024 | $56K |
| Sale | Common Stock | 1,600 | $70.3123 | $112K |
| Sale | Common Stock | 600 | $71.59 | $43K |
| Sale | Common Stock | 200 | $72.45 | $14K |
Holdings After Transaction:
Common Stock — 303,269 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 20, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.67 to $68.65 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.98 to $69.94 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 $70.02 to $70.86 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 $71.19 to $72.08 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 $72.21 to $72.69 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 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 20,143 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 5,000 shares
Sale price (low): $68.0578/share
Sale price (high): $72.4500/share
+3 more
6 metrics
Shares sold
5,000 shares
Total common shares sold on April 1, 2026
Sale price (low)
$68.0578/share
Reported price for one sale tranche
Sale price (high)
$72.4500/share
Reported price for highest sale tranche
Shares held after transactions
300,069 shares
Direct ownership after April 1, 2026 sales
ESPP shares included
16,626 shares
Purchased through Employee Stock Purchase Plan
401(k) shares included
≈20,143 shares
Held through company 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 regulatory
"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 16,626 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 20,143 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
Was the KTOS CFO stock sale part of a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Deanna H. Lund on May 20, 2025. Such plans pre-schedule trades to help separate personal portfolio moves from nonpublic information.
What type of transactions did the KTOS Form 4 for the CFO report?
The Form 4 reports open-market sales of Kratos common stock, coded “S” for sale. All five transactions on April 1, 2026 involved non-derivative common shares and were executed at different price levels throughout the trading session.
Does the KTOS Form 4 mention weighted average prices for the sales?
Yes. Footnotes explain that the reported prices are weighted average prices. Each batch of shares was sold through multiple trades within specified price ranges, and detailed trade-level information is available upon request to the issuer or regulators.