Kratos (NASDAQ: KTOS) division president sells 5,758 shares

Rhea-AI Filing Summary

Kratos Defense & Security Solutions executive Thomas E. Mills IV, President of the C5ISR Division, reported selling 5,758 shares of common stock in a series of open-market transactions on March 2, 2026. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025, at weighted average prices within ranges from $85.73 to $96.65 per share as detailed in multiple price brackets. Following these transactions, Mills directly holds 4,686 shares of Kratos common stock, which include 374 shares purchased through the company’s Employee Stock Purchase Plan and approximately 3,712 shares held through the company’s 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MILLS THOMAS E IV

(Last) (First) (Middle)

10680 TREENA STREET, SUITE 600

(Street)

SAN DIEGO CA 92131

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. [ KTOS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, C5ISR Division

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		S		102(1)	D	$86.0143(2)	9,742(10)	D
Common Stock	03/02/2026		S		300(1)	D	$87.8033(3)	9,442(10)	D
Common Stock	03/02/2026		S		600(1)	D	$89.42(4)	8,842(10)	D
Common Stock	03/02/2026		S		3,056(1)	D	$90.4747(5)	5,786(10)	D
Common Stock	03/02/2026		S		200(1)	D	$91.245(6)	5,586(10)	D
Common Stock	03/02/2026		S		400(1)	D	$92.755(7)	5,186(10)	D
Common Stock	03/02/2026		S		500(1)	D	$94.356(8)	4,686(10)	D
Common Stock	03/02/2026		S		600(1)	D	$96.1133(9)	4,086(10)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 3, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.73 to $86.02 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.35 to $88.31 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.72 to $89.70 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.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.03 to $90.94 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.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.04 to $91.45 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.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.36 to $93.22 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.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.93 to $94.71 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.

9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.68 to $96.65 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.

10. Includes 374 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 3,712 shares held through Issuer's 401(k).

	Thomas E. Mills, by Eva Yee, Attorney-In-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kratos (KTOS) executive Thomas E. Mills IV report in this Form 4?

Thomas E. Mills IV reported selling 5,758 shares of Kratos common stock in open-market transactions on March 2, 2026, under a Rule 10b5-1 trading plan. These trades reduced but did not eliminate his direct ownership stake in the company.

How many Kratos (KTOS) shares did the insider sell and at what prices?

The insider sold 5,758 common shares in multiple trades with weighted average prices across ranges from $85.73 to $96.65 per share. Each reported price is an average for numerous transactions within its specified price bracket.

Was the Kratos (KTOS) insider sale made under a 10b5-1 trading plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025. Such plans pre-schedule trades to help separate personal decisions from day-to-day market information.

How many Kratos (KTOS) shares does Thomas E. Mills IV own after the sale?

After the reported transactions, Thomas E. Mills IV directly owns 4,686 Kratos common shares. This figure includes 374 shares purchased through the Employee Stock Purchase Plan and approximately 3,712 shares held via the company’s 401(k) plan.

What is the role of the insider involved in this Kratos (KTOS) Form 4?

The reporting person, Thomas E. Mills IV, serves as President of Kratos’ C5ISR Division. His position qualifies him as a company officer, which requires public reporting of his trades in Kratos stock on Form 4.

Are the reported Kratos (KTOS) insider sale prices exact or averages?

The prices reported are weighted average prices for multiple trades within defined ranges. The insider has undertaken to provide full details on the number of shares sold at each specific price within those ranges upon request to interested parties.