Form 4: Kratos Defense & Security Solutions Executive Steven S. Fendley Reports Stock Transactions

Steven S. Fendley, President of the US Division at Kratos Defense & Security Solutions, reports the acquisition and disposal of common stock related to performance restricted stock unit awards.

Summary

• On March 13, 2025, Steven S. Fendley, President of the US Division at Kratos Defense & Security Solutions, reported transactions involving the company's common stock.
• Fendley acquired a total of 66,668 shares through the settlement of Performance Restricted Stock Unit Awards granted on January 3, 2020, January 4, 2021, January 3, 2022 and January 4, 2024.
• Simultaneously, 26,232 shares were withheld to cover tax liabilities at a price of $29.52 per share.
• Following these transactions, Fendley directly owns 411,108 shares of Kratos common stock, which includes approximately 2,002 shares held through the Issuer's 401(k) Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of unusual or concerning activity.

Positives

• The acquisition of shares through performance-based restricted stock units suggests that performance targets were met, which is a positive indicator.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates