Kratos Defense (KTOS) US division president sells 7,000 shares in plan trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kratos Defense & Security Solutions executive sells shares under trading plan. Steven S. Fendley, President of the US Division, sold a total of 7,000 shares of common stock in open-market transactions on February 23, 2026. The sales were executed at weighted average prices of approximately $92.41 for 5,700 shares and $93.24 for 1,300 shares, with individual trades occurring within disclosed price ranges.
The transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on May 12, 2025. Following these sales, Fendley directly owned 334,648 shares of Kratos common stock, including approximately 2,302 shares held through the company’s 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares ($647,976)
Net Sell
2 txns
Insider
Fendley Steven S.
Role
President, US Division
Sold
7,000 shs ($648K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,700 | $92.4148 | $527K |
| Sale | Common Stock | 1,300 | $93.24 | $121K |
Holdings After Transaction:
Common Stock — 335,948 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.97 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 $93.05 to $93.34 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 approximately 2,302 shares held through Issuer's 401(k) Plan.
FAQ
What insider transactions did Kratos (KTOS) report for Steven S. Fendley?
Steven S. Fendley sold 7,000 shares of Kratos common stock in open-market transactions. The sales occurred on February 23, 2026, in two blocks of 5,700 and 1,300 shares at weighted average prices around $92.41 and $93.24, respectively.
Were the recent KTOS insider sales by Steven S. Fendley under a 10b5-1 plan?
Yes. The reported sales were executed under a Rule 10b5-1 trading plan adopted by Steven S. Fendley on May 12, 2025. Such plans pre-schedule trades, helping separate personal portfolio management decisions from non-public information about the company.
What is Steven S. Fendley’s role at Kratos Defense & Security Solutions (KTOS)?
Steven S. Fendley serves as an officer of Kratos Defense & Security Solutions, holding the title of President, US Division. His Form 4 filing reflects transactions in Kratos common stock associated with his direct ownership position.
How many KTOS insider sale transactions were reported in this Form 4?
The Form 4 reports two non-derivative transactions in Kratos common stock. Both transactions are coded as open-market sales, totaling 7,000 shares sold, and are classified as direct ownership dispositions by Steven S. Fendley.