STOCK TITAN

Kratos (KTOS) CFO trims stake with 5,000-share open-market sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. director and EVP & CFO Deanna H. Lund reported selling a total of 5,000 shares of common stock in open-market transactions on May 1, 2026. The sales covered 2,700 shares at a weighted average price of $62.4945 and 2,300 shares at a weighted average price of $61.6277, executed pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2025. Following these transactions, she directly holds 295,200 shares, including 16,626 shares purchased through the company’s Employee Stock Purchase Plan and approximately 20,274 shares held through the company’s 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Lund Deanna H
Role EVP & CFO
Sold 5,000 shs ($310K)
Type Security Shares Price Value
Sale Common Stock 2,300 $61.6277 $142K
Sale Common Stock 2,700 $62.4945 $169K
Holdings After Transaction: Common Stock — 297,900 shares (Direct, null)
Footnotes (1)
  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 $61.12 to $62.11 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 $62.12 to $62.85 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 20,274 shares held through Issuer's 401(k) Plan.
Shares sold total 5,000 shares Open-market sales on May 1, 2026
First sale price $62.4945 per share 2,700 shares, weighted average price
Second sale price $61.6277 per share 2,300 shares, weighted average price
Shares held after transactions 295,200 shares Direct ownership after May 1, 2026 sales
ESPP shares included 16,626 shares Purchased through Employee Stock Purchase Plan
401(k) shares included Approximately 20,274 shares Held through Issuer’s 401(k) Plan
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 20,274 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" in non-derivative common stock transactions"
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.
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).
X
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*
Lund Deanna H

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
EVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
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 Stock05/01/2026S2,300(1)D$61.6277(2)297,900(4)D
Common Stock05/01/2026S2,700(1)D$62.4945(3)295,200(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. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 20, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.12 to $62.11 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 $62.12 to $62.85 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 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 20,274 shares held through Issuer's 401(k) Plan.
Deanna H. Lund, by Eva Yee, Attorney-In-Fact05/05/2026
** 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 insider transaction did KTOS EVP & CFO Deanna H. Lund report?

Deanna H. Lund reported selling a total of 5,000 shares of KTOS common stock. The Form 4 shows two open-market sales on May 1, 2026, reflecting routine portfolio activity by the company’s EVP & CFO based on her disclosed trading plan.

At what prices did the KTOS CFO sell her Kratos shares?

The KTOS CFO sold 2,700 shares at a weighted average price of $62.4945 and 2,300 shares at $61.6277. Footnotes note that actual trades occurred within price ranges from $61.12 to $62.85 across multiple executions.

How many KTOS shares does the Kratos CFO hold after the reported sales?

After the reported sales, the Kratos EVP & CFO directly holds 295,200 shares of KTOS common stock. This total includes shares acquired through the company’s Employee Stock Purchase Plan and holdings within the company’s 401(k) retirement plan.

Was the KTOS CFO’s sale of Kratos shares made under a Rule 10b5-1 plan?

Yes, the filing states the transaction was effected under a Rule 10b5-1 trading plan adopted on May 20, 2025. Such plans pre-schedule trades, indicating the timing of these open-market sales was determined in advance.

How many KTOS shares has the Kratos CFO acquired through employee plans?

The Form 4 notes that her holdings include 16,626 KTOS shares purchased through the Employee Stock Purchase Plan and approximately 20,274 shares held via the company’s 401(k) Plan. These amounts form part of her total reported direct ownership.

What does the Form 4 reveal about the size of the KTOS CFO’s recent share sale?

The Form 4 reveals the KTOS CFO sold 5,000 shares in total across two trades. It also indicates she continues to hold a substantially larger direct position, providing context that this was a relatively small transaction versus her overall stake.