Form 4: Kratos Defense EVP & CFO Sells Shares Under Pre-Arranged 10b5-1 Plan

Kratos Defense & Security Solutions, Inc.'s Executive Vice President and Chief Financial Officer, Deanna H. Lund, sold 6,567 shares of common stock for approximately $37.75 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Deanna H. Lund, Executive Vice President and Chief Financial Officer, and a Director of Kratos Defense & Security Solutions, Inc. (KTOS), reported a transaction.
• On June 2, 2025, Ms. Lund disposed of 6,567 shares of Kratos common stock.
• The shares were sold at a weighted average price of $37.7535 per share, with individual transactions ranging from $37.45 to $38.15.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted on September 12, 2019, and subsequently amended on August 18, 2023.
• Following this transaction, Ms. Lund beneficially owns 318,766 shares of Kratos common stock.
• The reported beneficial ownership includes 16,626 shares purchased through the Issuer's Employee Stock Purchase Plan and approximately 20,185 shares held through the Issuer's 401(k) Plan.

Sentiment

Score: 5

Explanation: The filing reports a pre-scheduled insider sale of common stock, which is a routine disclosure and generally neutral in sentiment, as it is not indicative of new information or a change in management's outlook.

Positives

• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates a scheduled sale rather than a reaction to new, non-public information, often viewed as a neutral or less negative signal than an unscheduled sale.

Negatives

• An insider sale, even if pre-planned, results in a reduction of the executive's direct equity stake in the company.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider stock transaction for Kratos Defense & Security Solutions, Inc., a company operating in the defense and security industry. Such filings are routine disclosures for executives and directors and do not inherently provide broad industry trends, though they offer insight into individual executive's equity management.

Stakeholder Impact

• Shareholders: The sale by a key executive slightly reduces insider ownership, but the pre-planned nature of the transaction under a 10b5-1 plan mitigates concerns about its implications for company performance or outlook.

Key Dates

Keywords

Kratos Defense, KTOS, Form 4, Insider Trading, Stock Sale, Deanna H. Lund, 10b5-1 Plan, Executive Compensation, Defense Industry