STOCK TITAN

Kratos General Counsel Maintains Strong Position Despite Planned Share Sale

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

Rhea-AI Filing Summary

Marie Mendoza, SVP & General Counsel of Kratos Defense & Security Solutions (KTOS), executed planned stock sales on June 16, 2025 under a pre-established 10b5-1 trading plan from March 17, 2025. The transactions included:

  • Sale of 1,719 shares at weighted average price of $41.7295 (range: $41.18-$42.16)
  • Sale of 700 shares at weighted average price of $42.2129 (range: $42.18-$42.26)

Following these transactions, Mendoza retains beneficial ownership of 67,488 shares, including 1,971 shares from Employee Stock Purchase Plan and approximately 14,524 shares through the company's 401(k) Plan. The sales were executed according to the predetermined trading plan, which serves as an affirmative defense against insider trading allegations under Rule 10b5-1(c).

Positive

  • None.

Negative

  • None.
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*
Mendoza Marie

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
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 06/16/2025 S 1,719(1) D $41.7295(2) 68,188(4) D
Common Stock 06/16/2025 S 700(1) D $42.2129(3) 67,488(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)
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 March 17, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.18 to $42.16 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 $42.18 to $42.26 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 1,971 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 14,524 shares held through Issuer's 401(k) Plan.
Marie C. Mendoza, by Eva Yee, Attorney-In-Fact 06/18/2025
** 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 KTOS shares did SVP & General Counsel Marie Mendoza sell on June 16, 2025?

Marie Mendoza sold a total of 2,419 shares of KTOS common stock on June 16, 2025, consisting of 1,719 shares at an average price of $41.7295 and 700 shares at an average price of $42.2129.

What was the price range for KTOS shares sold by Marie Mendoza in the June 16, 2025 transactions?

The shares were sold in two price ranges: 1,719 shares were sold between $41.18 to $42.16, and 700 shares were sold between $42.18 to $42.26.

How many KTOS shares does Marie Mendoza own after the June 16, 2025 transactions?

After the transactions, Marie Mendoza beneficially owns 67,488 shares of KTOS, including 1,971 shares through the Employee Stock Purchase Plan and approximately 14,524 shares held through the company's 401(k) Plan.

Was the KTOS insider sale by Marie Mendoza part of a pre-planned trading arrangement?

Yes, the transactions were executed pursuant to a Rule 10b5-1 trading plan that Marie Mendoza adopted on March 17, 2025.
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16.71B
180.27M
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States
SAN DIEGO