Kratos Defense (KTOS) executive sells 35,000 shares in open-market trades
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 35,000 shares ($2,038,204)
Net Sell
2 txns
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)
- 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.
Key Figures
Total shares sold: 35,000 shares
First block sold: 33,250 shares at $58.1882/share
Second block sold: 1,750 shares at $59.1120/share
+3 more
6 metrics
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
Key Terms
open-market sale, weighted average price, 401(k) Plan, Common Stock, +1 more
5 terms
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.
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.
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.
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.