Form 4: Kratos EVP & CFO Deanna H. Lund Sells 6,000 Shares of Common Stock

Deanna H. Lund, EVP & CFO of Kratos Defense & Security Solutions, sold 6,000 shares of common stock on October 1, 2024, at a weighted average price of $23.6786, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Deanna H. Lund, the EVP & CFO of Kratos Defense & Security Solutions, sold 6,000 shares of common stock on October 1, 2024.
• The sale was executed under a 10b5-1 trading plan adopted on September 12, 2019, and amended on August 18, 2023.
• The shares were sold at a weighted average price of $23.6786, with individual transaction prices ranging from $22.99 to $24.184.
• Following the transaction, Lund directly owns 279,775 shares of Kratos common stock, 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 standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on insider 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