Kratos (KTOS) director David Arnold King receives grant of 10,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
King David Arnold reported acquisition or exercise transactions in this Form 4 filing.
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. director David Arnold King reported receiving a grant of 10,000 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of common stock and is granted at a price of $0.00 per unit. These RSUs vest 100% on the first anniversary of the grant date, unless they vest earlier or terminate under the RSU agreement. Following this grant, King holds 10,000 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
King David Arnold
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct, null)
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.
Key Figures
RSUs granted: 10,000 RSUs
Grant price per RSU: $0.00 per unit
Underlying common shares: 10,000 shares
+2 more
5 metrics
RSUs granted
10,000 RSUs
Grant to director David Arnold King
Grant price per RSU
$0.00 per unit
Equity award with no cash paid
Underlying common shares
10,000 shares
One share of common stock per RSU
Total RSUs after grant
10,000 RSUs
Holdings following this transaction
Vesting schedule
100% after one year
First anniversary of grant date, subject to RSU agreement
Key Terms
Restricted Stock Units, contingent right, vest, common stock
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.
contingent right financial
"represents a contingent right to receive one share of Issuer's common stock"
vest financial
"RSUs vest 100% on the first anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"to receive one share of Issuer's 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.
FAQ
What insider transaction did KTOS director David Arnold King report?
David Arnold King reported the grant of 10,000 Restricted Stock Units in Kratos Defense & Security Solutions. These RSUs are a form of equity compensation that may convert into common shares if vesting conditions are satisfied according to the RSU agreement.
How many Kratos (KTOS) Restricted Stock Units were granted to the director?
The filing shows a grant of 10,000 Restricted Stock Units to director David Arnold King. Each RSU represents a contingent right to receive one share of Kratos common stock if vesting and other terms in the RSU agreement are met.
At what price were the KTOS Restricted Stock Units granted to the director?
The 10,000 Restricted Stock Units were granted at $0.00 per unit, which is standard for equity awards. Although no cash was paid, the RSUs may deliver value later if they vest and the underlying common shares are issued.
When do David Arnold King’s KTOS RSUs vest?
The RSUs are scheduled to vest 100% on the first anniversary of the grant date. They may vest earlier or be terminated according to the terms of the RSU agreement, which governs conditions like continued service or other vesting triggers.
What does each KTOS Restricted Stock Unit represent for the director?
Each Restricted Stock Unit represents a contingent right to receive one share of Kratos common stock. This means King does not yet hold the shares; they are delivered only if vesting and other conditions in the RSU agreement are satisfied.
How many KTOS RSUs does David Arnold King hold after this grant?
After this reported transaction, David Arnold King holds 10,000 Restricted Stock Units directly. These units are linked to 10,000 underlying shares of Kratos common stock, which may be issued if the RSUs vest under the plan terms.