Kratos (KTOS) STC division president sells 6,500 shares in Rule 10b5-1 plan trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions President, STC Division Phillip D. Carrai sold 6,500 shares of common stock in open-market transactions under a Rule 10b5-1 trading plan. The sales on May 15, 2026 occurred at weighted average prices around $52–$53 per share. After these sales, he held 221,550 shares directly and 46,644 shares indirectly through a trust, including 1,232 shares from the Employee Stock Purchase Plan and about 4,503 shares in the company 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 plan sales totaling 6,500 shares, small versus remaining holdings.
Phillip D. Carrai, President of the STC Division at Kratos Defense & Security Solutions, sold 6,500 common shares on May 15, 2026. The transactions were open-market sales at weighted average prices near $52–$53 per share.
A footnote states the trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 26, 2025, indicating they were scheduled in advance. Following the sales, he still owns 221,550 shares directly and 46,644 shares indirectly via a trust, so the disposed amount is a small fraction of his total reported stake.
The filing also notes that his direct holdings include 1,232 shares from the Employee Stock Purchase Plan and about 4,503 shares in the company’s 401(k) plan. Subsequent filings may provide further updates on any additional plan-driven trades.
Insider Trade Summary 10b5-1
Net Seller: 6,500 shares ($338,847)
Net Sell
3 txns
Insider
Carrai Phillip D
Role
President, STC Division
Sold
6,500 shs ($339K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $52.0578 | $312K |
| Sale | Common Stock | 500 | $53.00 | $27K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 222,050 shares (Direct, null);
Common Stock — 46,644 shares (Indirect, by trust)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 26, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.75 to $52.73 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 $52.77 to $53.21 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 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,503 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold (total): 6,500 shares
Sale price block 1: $52.0578 per share
Sale price block 2: $53.00 per share
+4 more
7 metrics
Shares sold (total)
6,500 shares
Open-market sales on May 15, 2026
Sale price block 1
$52.0578 per share
6,000 shares; weighted average within $51.75–$52.73 range
Sale price block 2
$53.00 per share
500 shares; weighted average within $52.77–$53.21 range
Direct holdings after sales
221,550 shares
Common stock held directly after May 15, 2026 transactions
Indirect holdings by trust
46,644 shares
Common stock held indirectly by trust after transactions
ESPP shares included
1,232 shares
Purchased through Employee Stock Purchase Plan within direct holdings
401(k) plan shares
≈4,503 shares
Held through Kratos 401(k) plan, part of direct holdings
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, 401(k) Plan, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 26, 2025."
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.
Employee Stock Purchase Plan financial
"Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,503 shares held through Issuer's 401(k) Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,503 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.
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.
FAQ
What ownership types are shown for Phillip D. Carrai’s Kratos (KTOS) holdings?
The Form 4 shows both direct and indirect ownership. Carrai owns 221,550 shares directly, plus 46,644 shares indirectly “by trust.” Indirect holdings reflect shares held through a trust entity rather than in his own name.