Form 4: Kratos Director Scott I. Anderson Sells 9,000 Shares Under 10b5-1 Plan

Director Scott I. Anderson sold 9,000 shares of Kratos Defense & Security Solutions (KTOS) common stock at an average price of $21.105, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• On August 16, 2024, Scott I. Anderson, a director of Kratos Defense & Security Solutions, sold 9,000 shares of common stock.
• The sale was executed under a 10b5-1 trading plan adopted on March 15, 2024.
• The shares were sold at a weighted average price of $21.105, with individual prices ranging from $20.37 to $21.59.
• Following the transaction, Anderson directly owns 81,735 shares and indirectly owns 14,333 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate market conditions.

Stakeholder Impact

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

Key Dates