Kratos executive sells 7,000 shares in planned trade
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. executive Steven S. Fendley, President of the US Division, sold a total of 7,000 shares of common stock on March 30, 2026 in a series of open-market transactions.
Rhea-AI Filing Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. executive Steven S. Fendley, President of the US Division, sold a total of 7,000 shares of common stock on March 30, 2026 in a series of open-market transactions.
The sales were executed at weighted average prices of $68.2803, $69.3932, $70.4785, and $71.6439 per share, with each price representing multiple trades within stated ranges. The transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on May 12, 2025.
Following these sales, Fendley directly holds 358,023 shares of Kratos common stock, including approximately 2,351 shares held through the company’s 401(k) plan, indicating he retains a substantial ownership position.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 7,000 shares
Net Sell
4 txns
Insider
Fendley Steven S.
Role
President, US Division
Sold
7,000 shs ($487K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,512 | $68.2803 | $103K |
| Sale | Common Stock | 3,644 | $69.3932 | $253K |
| Sale | Common Stock | 944 | $70.4785 | $67K |
| Sale | Common Stock | 900 | $71.6439 | $64K |
Holdings After Transaction:
Common Stock — 358,023 shares (Direct)
Footnotes (6)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.89 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.01 to $69.96 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.005 to $70.90 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.34 to $71.85 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.
- F6. Includes approximately 2,351 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 7,000 shares
Sale prices: $68.2803–$71.6439 per share
Shares owned after sale: 358,023 shares
+1 more
4 metrics
Shares sold
7,000 shares
Total common shares sold on March 30, 2026
Sale prices
$68.2803–$71.6439 per share
Four weighted average sale prices across multiple trades
Shares owned after sale
358,023 shares
Direct common stock holdings following transactions
401(k) plan shares
Approximately 2,351 shares
Included within Fendley’s direct ownership total
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, 401(k) Plan
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) Plan financial
"Includes approximately 2,351 shares held through Issuer's 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KRATOS (KTOS) executive Steven S. Fendley report?
Steven S. Fendley reported selling 7,000 shares of Kratos common stock in open-market transactions on March 30, 2026. The trades were executed in several blocks at different weighted average prices under a pre-arranged Rule 10b5-1 trading plan.
Was the KTOS insider sale by Steven S. Fendley under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Fendley on May 12, 2025. Such plans pre-schedule trades, helping separate routine portfolio diversification from discretionary, market-timed insider selling activity.
What does “weighted average price” mean in the KTOS Form 4 for Steven S. Fendley?
The Form 4 notes that each reported price is a weighted average across multiple trades within a price range. Fendley undertakes to provide exact share counts at each individual price upon request to Kratos, its security holders, or SEC staff.
How are Steven S. Fendley’s KTOS 401(k) holdings reflected in the Form 4 filing?
A footnote explains that Fendley’s reported holdings include approximately 2,351 shares held through Kratos’s 401(k) plan. These shares are counted within his total direct ownership figure of 358,023 shares following the March 30, 2026 transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
