Form 4: Kratos Defense & Security Solutions EVP and CFO Sells Shares Under 10b5-1 Plan

Deanna H. Lund, EVP and CFO of Kratos Defense & Security Solutions, sold 6,000 shares of common stock at an average price of $26.4792 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Deanna H. Lund, the Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions, sold 6,000 shares of the company's common stock.
• The sale occurred on January 2, 2025, at a weighted average price of $26.4792 per share.
• The shares were sold under a pre-arranged 10b5-1 trading plan adopted on September 12, 2019, and amended on August 18, 2023.
• The sale was executed in multiple transactions with prices ranging from $26.15 to $26.89.
• Following the transaction, Ms. Lund beneficially owns 261,732 shares of Kratos common stock, which includes shares purchased through the Employee Stock Purchase Plan and held in the 401(k) plan.

Sentiment

Score: 5

Explanation: The document reflects a routine insider transaction, which is neither positive nor negative for the company's outlook. It is a neutral event.

Industry Context

This is a routine disclosure of an insider stock sale, which is common for executives who have pre-arranged trading plans. It does not indicate any specific change in the company's outlook or performance.

Comparison to Industry Standards

• Executive stock sales under 10b5-1 plans are a common practice across publicly traded companies, including those in the defense and security sector.
• Companies like Lockheed Martin (LMT), Northrop Grumman (NOC), and Raytheon Technologies (RTX) also see similar filings from their executives.
• The volume and price of the sale are within typical ranges for such transactions, and do not indicate any unusual activity.

Stakeholder Impact

• The stock sale has a minimal impact on shareholders as it is a routine transaction under a pre-arranged plan.
• The sale does not affect the company's operations or financial health.

Key Dates

Keywords

insider trading, stock sale, 10b5-1 plan, executive transaction, Kratos Defense & Security Solutions, KTOS, Deanna H. Lund