Kratos (KTOS) director William Hoglund awarded 10,000 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOGLUND WILLIAM A reported acquisition or exercise transactions in this Form 4 filing.
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. director William A. Hoglund received a grant of 10,000 Restricted Stock Units. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest 100% on the first anniversary of the grant date, subject to the RSU agreement terms. Following this grant, Hoglund is reported as holding 10,000 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOGLUND WILLIAM A
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 units
RSU exercise price: $0.00 per unit
Underlying shares: 10,000 shares
+1 more
4 metrics
RSUs granted
10,000 units
Restricted Stock Units granted to director on transaction date
RSU exercise price
$0.00 per unit
Conversion or exercise price for the RSU award
Underlying shares
10,000 shares
Common stock underlying the RSU grant
Holdings after grant
10,000 RSUs
Total Restricted Stock Units following the reported transaction
Key Terms
Restricted Stock Units, contingent right, vest
3 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.
FAQ
What insider transaction did KTOS director William A. Hoglund report?
William A. Hoglund reported receiving 10,000 Restricted Stock Units as a grant. These units are derivative awards tied to Kratos common stock, reflecting equity-based compensation rather than an open-market share purchase or sale.
How many Kratos (KTOS) Restricted Stock Units were granted to William A. Hoglund?
William A. Hoglund was granted 10,000 Restricted Stock Units. Each RSU corresponds to one share of Kratos common stock, giving him a potential future claim on 10,000 shares if vesting conditions are satisfied.
When do William A. Hoglund’s KTOS Restricted Stock Units vest?
The RSUs vest 100% on the first anniversary of the grant date. Vesting can occur earlier or terminate under the RSU agreement’s terms, so actual vesting depends on continued satisfaction of those conditions.
What does each KTOS Restricted Stock Unit granted to Hoglund represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Kratos common stock. The right becomes actual shares only after the RSUs vest according to the schedule and conditions in the RSU agreement.
Was the KTOS transaction an open-market buy or sell by William A. Hoglund?
The transaction was not an open-market buy or sell; it was a grant of 10,000 Restricted Stock Units. This is equity compensation awarded at zero exercise price, rather than a purchase or sale on the stock market.