Form 4: Kratos EVP & CFO Deanna H. Lund Reports Stock Transactions

Deanna H. Lund, EVP & CFO of Kratos Defense & Security Solutions, reports acquisition and disposal of common stock related to performance restricted stock unit awards and tax liabilities.

Summary

• Deanna H. Lund, the EVP & CFO of Kratos Defense & Security Solutions, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 13, 2025, Lund acquired a total of 100,000 shares of common stock through the settlement of performance restricted stock unit (PRSU) awards granted on January 3, 2020, January 4, 2021, January 3, 2022 and January 4, 2024.
• On the same day, Lund disposed of 49,848 shares to satisfy tax liabilities related to the vesting of these shares, at a price of $29.52 per share.
• Following these transactions, Lund directly owns 337,185 shares of Kratos common stock, which includes shares purchased through the Employee Stock Purchase Plan and held in a 401(k) account.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transactions are routine and related to compensation and tax obligations.

Positives

• The acquisition of shares through PRSU settlement indicates that performance targets were met, which is a positive signal.

Negatives

• The disposal of shares to cover tax liabilities, while common, reduces the executive's holdings.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's confidence in the company's future prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.

Key Dates