Form 4: Kratos Defense & Security Solutions Executive Acquires Shares Through Performance Restricted Stock Unit Settlement

Thomas E. Mills IV, President of C5ISR Division at Kratos Defense & Security Solutions, acquired shares through the settlement of performance-based restricted stock units and disposed of shares to cover tax liabilities.

Summary

• On March 13, 2025, Thomas E. Mills IV, President of the C5ISR Division at Kratos Defense & Security Solutions, acquired a total of 20,000 shares of common stock through the settlement of Performance Restricted Stock Unit Awards.
• These awards were granted on January 3, 2020, January 4, 2021, January 3, 2022 and January 4, 2024.
• Concurrently, Mills disposed of 8,484 shares to satisfy tax liabilities related to the vesting of these shares, at a price of $29.52 per share.
• Following these transactions, Mills directly owns 20,766 shares of Kratos common stock, which includes approximately 3,464 shares held through the Issuer's 401(k).

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are part of a standard compensation plan. There is no indication of unusual activity or concern.

Positives

• The acquisition of shares through performance-based awards suggests that Mills has met certain performance criteria set by the company.
• The increase in direct ownership of shares could align Mills' interests with those of other shareholders.

Negatives

• The disposal of shares to cover tax liabilities, while common, reduces the overall increase in Mills' holdings.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. They are often tied to performance-based compensation plans designed to align executive interests with shareholder value. Monitoring these transactions can provide insights into management's confidence in the company's future prospects.

Stakeholder Impact

• The transactions could have a minor positive impact on shareholders by aligning executive interests with company performance.

Key Dates