Kratos exec sells 6,500 shares under 10b5-1 plan
Kratos Defense & Security Solutions executive Phillip D. Carrai reported selling 6,500 shares of common stock in open-market transactions.
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Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions executive Phillip D. Carrai reported selling 6,500 shares of common stock in open-market transactions. The sales on April 15, 2026 were executed at weighted average prices around the mid‑$70 range, with reported prices of $74.0769, $74.7991, and $75.5619 per share.
After these sales, Carrai directly holds 227,898 shares and indirectly holds 46,644 shares through a trust. The filing notes that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2025, indicating they were pre‑scheduled rather than discretionary trades.
Insider Trade Summary 10b5-1
Net Seller: 6,500 shares
Net Sell
4 txns
Insider
Carrai Phillip D
Role
President, STC Division
Sold
6,500 shs ($486K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,645 | $74.0769 | $122K |
| Sale | Common Stock | 3,955 | $74.7991 | $296K |
| Sale | Common Stock | 900 | $75.5619 | $68K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 227,898 shares (Direct);
Common Stock — 46,644 shares (Indirect, by trust)
Footnotes (5)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 26, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.47 to $74.45 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 $74.47 to $75.46 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 $75.48 to $75.68 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. Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 4,351 shares held through Issuer's 401(k) Plan.
Key Figures
Shares sold: 6,500 shares
Sale price 1: $74.0769 per share
Sale price 2: $74.7991 per share
+5 more
8 metrics
Shares sold
6,500 shares
Open-market sales on April 15, 2026
Sale price 1
$74.0769 per share
Weighted average price for 1,645 shares sold
Sale price 2
$74.7991 per share
Weighted average price for 3,955 shares sold
Sale price 3
$75.5619 per share
Weighted average price for 900 shares sold
Direct holdings after transactions
227,898 shares
Common stock held directly after April 15, 2026 sales
Indirect holdings
46,644 shares
Common stock held indirectly by trust
ESPP shares
1,232 shares
Purchased through Employee Stock Purchase Plan
401(k) shares
4,351 shares
Held through Kratos 401(k) Plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan, 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.
Employee Stock Purchase Plan financial
"Includes 1,232 shares purchased through Issuer's Employee Stock Purchase 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
"and approximately 4,351 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 KTOS executive Phillip D. Carrai report?
Phillip D. Carrai reported selling 6,500 shares of Kratos (KTOS) common stock in open-market trades. The sales occurred on April 15, 2026 at weighted average prices in the mid-$70 range, as detailed in three separate sale entries.
Were Phillip D. Carrai’s KTOS stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transaction was effected under a Rule 10b5-1 trading plan adopted on August 26, 2025. Such plans are pre-arranged trading programs designed to execute trades automatically according to preset instructions.
What does the KTOS Form 4 say about Carrai’s ESPP and 401(k) holdings?
The filing notes Carrai’s holdings include 1,232 shares purchased through Kratos’s Employee Stock Purchase Plan and approximately 4,351 shares held through the company’s 401(k) Plan, reflecting additional equity exposure beyond his directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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