Form 4: Kratos Defense & Security Solutions: Officer Mendoza Reports Stock Transactions
SEC Form 4 Filing
Marie Mendoza, SVP & General Counsel of Kratos Defense & Security Solutions, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On June 4, 2024, Marie Mendoza, SVP & General Counsel of Kratos Defense & Security Solutions, engaged in transactions involving the company's stock.
- Mendoza vested 1,000 restricted stock units (RSUs), each representing a contingent right to receive one share of Kratos' common stock.
- 497 shares were withheld to satisfy tax liabilities related to the vesting of the RSUs.
- Following these transactions, Mendoza beneficially owns 66,046 shares of Kratos common stock.
- This total includes 1,547 shares purchased through the Employee Stock Purchase Plan and approximately 14,450 shares held through the 401(k).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 06/04/2020 | Date of grant for the RSUs, vesting ratably over five years. |
| 06/04/2024 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| 06/05/2024 | Date of Form 4 filing. |
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