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

Steven S. Fendley, President of the US Division at Kratos Defense & Security Solutions, sold 7,000 shares of common stock at an average price of $29.4479 per share on March 31, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 31, 2025, Steven S. Fendley, President of the US Division at Kratos Defense & Security Solutions, sold 7,000 shares of the company's common stock.
• The sale was executed under a 10b5-1 trading plan adopted on May 20, 2024.
• The shares were sold at a weighted average price of $29.4479, with individual transactions ranging from $28.99 to $29.81.
• Following the transaction, Fendley directly owns 404,133 shares, including approximately 2,027 shares held through the Issuer's 401(k) Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. The use of a 10b5-1 plan suggests the sale was pre-planned.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, although the pre-planned nature of the sale mitigates this.

Key Dates

Keywords

Kratos Defense & Security Solutions, Steven S. Fendley, Form 4, Insider Trading, 10b5-1 Trading Plan, Stock Sale, KTOS