STOCK TITAN

Kratos Defense (KTOS) executive sells 35,000 shares in open-market trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. executive Steven S. Fendley, President of the US Division, reported selling a total of 35,000 shares of common stock in open-market transactions on June 8, 2026. The sales consisted of 33,250 shares at a weighted average price of $58.1882 per share and 1,750 shares at a weighted average price of $59.1120 per share, executed in multiple trades within disclosed price ranges. The transactions were made in accordance with the company’s trading policies, and Fendley continues to hold shares, including approximately 2,415 shares through the company’s 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Fendley Steven S.
Role President, US Division
Sold 35,000 shs ($2.04M)
Type Security Shares Price Value
Sale Common Stock 33,250 $58.1882 $1.93M
Sale Common Stock 1,750 $59.112 $103K
Holdings After Transaction: Common Stock — 310,837 shares (Direct, null)
Footnotes (1)
  1. Open market sale of Issuer's common stock made in accordance with Issuer's trading policies. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.94 to $58.76 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 $59.10 to $59.21 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 approximately 2,415 shares held through Issuer's 401(k) Plan.
Total shares sold 35,000 shares Aggregate insider sales on June 8, 2026
First block sold 33,250 shares at $58.1882/share Weighted average price, multiple trades on June 8, 2026
Second block sold 1,750 shares at $59.1120/share Weighted average price, multiple trades on June 8, 2026
Price range large block $57.94–$58.76 Trade price range for 33,250-share sale
Price range small block $59.10–$59.21 Trade price range for 1,750-share sale
401(k) holdings ≈2,415 shares Shares held through issuer’s 401(k) plan
open-market sale financial
"Open market sale of Issuer's common stock made in accordance with Issuer's trading policies."
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.
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) Plan financial
"Includes approximately 2,415 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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"within the ranges set forth in this footnote to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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).
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)
06/08/2026
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 Stock06/08/2026S33,250(1)D$58.1882(2)310,837(4)D
Common Stock06/08/2026S1,750(1)D$59.112(3)309,087(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. Open market sale of Issuer's common stock made in accordance with Issuer's trading policies.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.94 to $58.76 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 $59.10 to $59.21 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 2,415 shares held through Issuer's 401(k) Plan.
Steven S. Fendley, by Eva Yee, Attorney-In-Fact06/10/2026
** 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)

FAQ

What did Kratos (KTOS) executive Steven S. Fendley report in this Form 4?

Steven S. Fendley reported selling company common stock in open-market transactions. He recorded total sales of 35,000 shares on June 8, 2026, split across two weighted-average price trades, while retaining a remaining ownership position including shares in the company’s 401(k) plan.

How many Kratos (KTOS) shares did Steven S. Fendley sell and at what prices?

Fendley sold a total of 35,000 Kratos common shares. He sold 33,250 shares at a weighted average price of $58.1882 and 1,750 shares at a weighted average price of $59.1120, with each sale executed across multiple trades within stated price ranges.

On what date did the Kratos (KTOS) insider share sales by Steven S. Fendley occur?

The reported insider sales occurred on June 8, 2026. Both transactions involved open-market sales of Kratos common stock on the same date, with the Form 4 detailing share counts, weighted average sale prices, and related price ranges for the executed trades.

Were Steven S. Fendley’s Kratos (KTOS) stock sales open-market transactions?

Yes, both transactions were open-market sales of Kratos common stock. The Form 4 notes that they were conducted in accordance with the company’s trading policies and executed across multiple trades at prices within disclosed ranges for each reported weighted average price.

Does Steven S. Fendley still hold Kratos (KTOS) shares after these sales?

Yes, Fendley continues to hold Kratos shares after the reported sales. The Form 4 footnotes specify that his holdings include approximately 2,415 shares held through the company’s 401(k) plan, in addition to other directly owned common stock reported in the filing.

What price ranges are associated with Steven S. Fendley’s Kratos (KTOS) stock sales?

The 33,250-share sale had individual trade prices ranging from $57.94 to $58.76. The 1,750-share sale had prices ranging from $59.10 to $59.21. Each transaction’s reported per-share price represents a weighted average across the trades in those ranges.