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

David M. Carter, President of DRSS Division at Kratos Defense & Security Solutions, sold 4,000 shares of common stock on May 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 1, 2025, David M. Carter, President of the DRSS Division at Kratos Defense & Security Solutions, sold 4,000 shares of 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 $33.9126, with individual transactions ranging from $33.63 to $34.36.
• Following the transaction, Carter directly owns 105,711 shares, which includes shares purchased through the Employee Stock Purchase Plan and held in the 401(k) Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for an insider transaction and carries a neutral sentiment.

Industry Context

This is a routine disclosure of an insider transaction. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Kratos Defense & Security Solutions, David M. Carter, DRSS Division, Form 4, 10b5-1 trading plan, share sale, insider trading