Kratos (KTOS) director receives 10,000 RSUs, then converts them to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. director Bradley L. Boyd reported routine equity compensation activity. On May 12, 2026, he acquired 10,000 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock.
On May 14, 2026, these 10,000 RSUs were exercised and converted into 10,000 shares of common stock at a stated price of $0.00, leaving him with 19,480 common shares held directly. The filing shows no open‑market purchases or sales, only grants and conversions tied to prior awards that vest in full on the first anniversary of grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
3 txns
Insider
Boyd Bradley L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 19,480 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. RSUs were granted and previously reported on a Form 4 filed May 16, 2025, where 10,000 RSUs vest on May 14, 2026.
Key Figures
RSU grant: 10,000 RSUs
RSU exercise: 10,000 shares
Post-transaction holdings: 19,480 shares
+2 more
5 metrics
RSU grant
10,000 RSUs
Grant/award of Restricted Stock Units on May 12, 2026
RSU exercise
10,000 shares
RSUs converted into common stock on May 14, 2026
Post-transaction holdings
19,480 shares
Common stock held directly after transactions
Exercise price
$0.00 per share
Stated price for RSU conversion into common stock
Derivative exercises
1 exercise, 10,000 shares
transactionSummary exerciseCount and exerciseShares
Key Terms
Restricted Stock Units, derivative security, Form 4, vest
4 terms
Restricted Stock Units financial
"The security titled "Restricted Stock Units" involved 10,000.0000 units."
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.
derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security"."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"RSUs were granted and previously reported on a Form 4 filed May 16, 2025."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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.
