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

Thomas E. Mills IV, President of C5ISR Division at Kratos Defense & Security Solutions, sold 8,637 shares of common stock on February 18, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Thomas E. Mills IV, President of the C5ISR Division at Kratos Defense & Security Solutions, sold 8,637 shares of common stock on February 18, 2025.
• The sale was executed under a 10b5-1 trading plan adopted on May 31, 2024.
• The shares were sold at a weighted average price of $27.144, with individual transactions ranging from $26.88 to $27.465.
• Following the transaction, Mills directly owns 12,215 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 routine disclosure of stock sales by an officer under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by company insiders are a normal part of corporate activity. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Kratos Defense & Security Solutions, KTOS, Thomas E. Mills IV, C5ISR Division, Form 4, 10b5-1 trading plan, insider trading, stock sale