Kratos (KTOS) CEO reports 412,500 RSU shares, 162,317 withheld for tax
Rhea-AI Filing Summary
Kratos Defense & Security Solutions President & CEO Eric M. DeMarco reported multiple equity compensation transactions involving common stock held by his trust. On March 4, 2026, the trust acquired 412,500 shares at $0.00 per share through settlements of performance-based and deferred restricted stock unit (RSU) awards granted between 2018 and 2025.
On the same date, 162,317 shares were disposed of by the trust at $89.13 per share to cover tax liabilities in net-share withholding transactions made in line with company trading policies. After these indirect transactions, the trust held 1,061,632 shares, and DeMarco also held 62,284 shares directly, including 43,674 purchased through the employee stock purchase plan and about 18,610 through the 401(k) plan.
As of March 4, 2026, 745,000 deferred RSUs granted to DeMarco had vested but remain subject to a five-year deferral before release, substantially all scheduled to be released by January 2029. An additional 450,000 RSUs were unvested and subject to performance or service-based vesting conditions, and 300,000 RSUs granted on January 3, 2026 include 150,000 time-based and 150,000 performance-based units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,675 | $89.13 | $1.75M |
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,675 | $89.13 | $1.75M |
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,675 | $89.13 | $1.75M |
| Grant/Award | Common Stock | 262,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 103,292 | $89.13 | $9.21M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2024. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2025. Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2018, which were released after a 5-year deferral period after the March 4, 2021 vest date. Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4. RSUs were granted to Reporting Person, and per Reporting Person's instructions, the common stock from such released RSUs were issued to Reporting Person's trust. In addition to the 1,061,632 shares and 62,284 shares reported in Column 5, as of March 4, 2026, 745,000 deferred RSUs granted to Mr. DeMarco, representing non-qualified deferred compensation, have vested but remain subject to a previously agree to 5-year deferral period before issuance and release, which substantially all subject RSUs are scheduled to be released by January 2029. An additional 450,000 RSUs granted to Mr. DeMarco are currently unvested and will only vest upon achievement of applicable vesting terms described in our proxy statement on Schedule 14A filed with the SEC on April 4, 2025. In addition, 300,000 RSUs were granted January 3, 2026, where 150,000 RSUs vest ratably over a five-year period, and the other 150,000 are performance-based RSUS that vest when certain performance criteria are met (similar to the vesting terms described in the April 4, 2025 proxy statement). Each RSU represents a contingent right to receive one share of the Company's common stock. Includes 43,674 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 18,610 shares held through Issuer's 401(k) Plan.
