Kratos General Counsel Maintains Strong Position Despite Planned Share Sale
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 2,419 shares ($101,282)
Net Sell
2 txns
Insider
Mendoza Marie
Role
SVP & General Counsel
Sold
2,419 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,719 | $41.7295 | $72K |
| Sale | Common Stock | 700 | $42.2129 | $30K |
Holdings After Transaction:
Common Stock — 68,188 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 17, 2025. 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. 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. Includes 1,971 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 14,524 shares held through Issuer's 401(k) Plan.
FAQ
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.