Form 4: Kratos EVP & CFO Deanna H. Lund Sells 6,000 Shares Under 10b5-1 Plan

Deanna H. Lund, EVP & CFO of Kratos Defense & Security Solutions, Inc., sold 6,000 shares of common stock at an average price of $22.9629 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On November 1, 2024, Deanna H. Lund, the EVP & CFO of Kratos Defense & Security Solutions, Inc., sold 6,000 shares of common stock.
• 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 $22.9629, with individual transaction prices ranging from $22.754 to $23.19.
• Following the transaction, Lund directly owns 273,881 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 under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned using 10b5-1 trading plans to avoid accusations of insider trading. The market typically analyzes these sales in the context of the executive's overall holdings and the company's performance.

Stakeholder Impact

• The sale could have a minor impact on shareholders, depending on how the market interprets the transaction.

Key Dates