Kratos (KTOS) CFO Deanna Lund sells 5,000 shares in planned trade

Rhea-AI Filing Summary

Kratos Defense & Security Solutions executive Deanna H. Lund, the company’s EVP & CFO, reported selling 5,000 shares of common stock on March 2, 2026. The open-market sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 20, 2025, at prices ranging from about $86.76 to $96.65 per share. After these transactions, she directly holds 270,058 shares, which include shares acquired through the employee stock purchase plan and approximately 19,671 shares held in the company’s 401(k) plan.

Insights

Equity analyst

Kratos’ CFO sold 5,000 shares under a pre-set 10b5-1 plan, with a sizable stake remaining.

Deanna H. Lund, EVP & CFO of Kratos Defense & Security Solutions, reported open-market sales totaling 5,000 common shares on March 2, 2026. The filing notes these trades were executed under a Rule 10b5-1 trading plan adopted on May 20, 2025, meaning the transactions were pre-arranged rather than opportunistic.

Sale prices were reported in weighted-average ranges, with individual trades occurring between $86.76 and $96.65 per share. Following the sales, Lund still directly owns 270,058 shares, including 16,626 shares from the employee stock purchase plan and about 19,671 shares in the company’s 401(k). This kind of planned diversification is typically viewed as routine and does not, by itself, alter the broader investment picture.

SEC Form 4

FORM 4

UNITED 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 CA 92131

(City) (State) (Zip)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		S		200(1)	D	$87.255(2)	274,858(9)	D
Common Stock	03/02/2026		S		200(1)	D	$88.565(3)	274,658(9)	D
Common Stock	03/02/2026		S		1,984(1)	D	$90.1889(4)	272,674(9)	D
Common Stock	03/02/2026		S		1,216(1)	D	$90.8017(5)	271,458(9)	D
Common Stock	03/02/2026		S		500(1)	D	$92.524(6)	270,958(9)	D
Common Stock	03/02/2026		S		400(1)	D	$94.23(7)	270,558(9)	D
Common Stock	03/02/2026		S		400(1)	D	$95.655(8)	270,158(9)	D
Common Stock	03/02/2026		S		100(1)	D	$96.65	270,058(9)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $86.76 to $87.75 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 $88.31 to $88.82 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.63 to $90.61 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.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.65 to $91.03 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.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.93 to $92.80 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.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.15 to $94.37 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.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.15 to $95.85 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.

9. Includes 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 19,671 shares held through Issuer's 401(k).

	Deanna H. Lund, by Eva Yee, Attorney-In-Fact	03/04/2026
	** Signature of Reporting Person	Date
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.

FAQ

How many Kratos (KTOS) shares did CFO Deanna Lund sell in this Form 4?

Deanna H. Lund sold a total of 5,000 shares of Kratos common stock. The transactions were broken into multiple open-market sales on March 2, 2026, with each tranche reported separately but summing to 5,000 shares in the filing’s transaction summary.

On what date did the Kratos (KTOS) CFO’s reported stock sales occur?

All reported stock sales by Kratos CFO Deanna Lund occurred on March 2, 2026. Each transaction line in the Form 4 lists this same date for the open-market sales of common stock, reflecting a series of trades executed on a single trading day.

At what prices did Kratos (KTOS) CFO Deanna Lund sell her shares?

The reported sales used weighted-average prices, with trades executed in ranges between about $86.76 and $96.65 per share. Each group of transactions includes a specific price band, and the Form 4 notes that detailed price breakdowns are available upon request.

Was the Kratos (KTOS) CFO’s stock sale made under a 10b5-1 trading plan?

Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted by Deanna Lund on May 20, 2025. Such plans pre-schedule trades, helping insiders sell shares without making day-to-day timing decisions.

How many Kratos (KTOS) shares does CFO Deanna Lund own after this sale?

After the reported transactions, Deanna Lund directly owns 270,058 Kratos shares. This total includes 16,626 shares purchased through the employee stock purchase plan and about 19,671 shares held in the company’s 401(k) plan, according to the filing footnotes.

What role does Deanna Lund hold at Kratos (KTOS) in this Form 4 filing?

Deanna H. Lund is identified as Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions. The Form 4 specifies she is both a director and officer, with the officer title stated as EVP & CFO in the reporting person details.