Kratos (NASDAQ: KTOS) director receives 10,000 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANDERSON SCOTT I reported acquisition or exercise transactions in this Form 4 filing.
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. director Scott I. Anderson received a grant of 10,000 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock. The RSUs vest 100% on the first anniversary of the grant date, subject to the RSU agreement.
After this update, Anderson holds 51,433 shares of common stock directly and 10,858 shares indirectly through a trust, along with 10,000 RSUs tied to common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ANDERSON SCOTT I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct, null);
Common Stock — 51,433 shares (Direct, null);
Common Stock — 10,858 shares (Indirect, by trust)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Issuer's common stock. RSUs vest 100% on the first anniversary of the date of grant, unless earlier vested or terminated pursuant to the terms of the RSU agreement. Includes 99 shares received in a pro rata distribution exempt from reporting pursuant to Rule 16a-9. Includes 25 shares received in a pro rata distribution exempt from reporting pursuant to Rule 16a-9.
Key Figures
RSU grant size: 10,000 RSUs
RSU vesting schedule: 100% after one year
Direct common stock holdings: 51,433 shares
+2 more
5 metrics
RSU grant size
10,000 RSUs
Award to director Scott I. Anderson
RSU vesting schedule
100% after one year
First anniversary of grant date
Direct common stock holdings
51,433 shares
Common Stock held directly after transaction
Indirect common stock holdings
10,858 shares
Common Stock held indirectly by trust after transaction
RSUs outstanding
10,000 units
Restricted Stock Units tied to common stock after grant
Key Terms
Restricted Stock Units, RSU, Rule 16a-9, pro rata distribution
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"RSUs vest 100% on the first anniversary of the date of grant"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Rule 16a-9 regulatory
"Includes 99 shares received in a pro rata distribution exempt from reporting pursuant to Rule 16a-9"
pro rata distribution financial
"Includes 25 shares received in a pro rata distribution exempt from reporting"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
FAQ
What did KTOS director Scott I. Anderson report in this Form 4?
Scott I. Anderson reported receiving 10,000 Restricted Stock Units from Kratos. Each RSU represents a contingent right to one share of common stock, updating his equity-based compensation and overall holdings in KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
How many Restricted Stock Units did KTOS grant to the director?
Kratos granted 10,000 Restricted Stock Units to director Scott I. Anderson. These RSUs are a form of stock-based compensation that can convert into 10,000 shares of common stock if the vesting conditions are satisfied under the RSU agreement.
When do Scott I. Anderson’s KTOS RSUs vest?
The 10,000 KTOS RSUs vest 100% on the first anniversary of the grant date. Vesting may occur earlier or terminate under specific conditions detailed in the Restricted Stock Unit agreement governing this equity award.