Form 4: Kratos Executive Sells Shares Under 10b5-1 Plan

Kratos Defense & Security Solutions President, STC Division, Phillip D. Carrai, sold a total of 6,900 shares of common stock on October 15, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Phillip D. Carrai, President of the STC Division at Kratos Defense & Security Solutions, Inc. (KTOS), reported sales of common stock.
• A total of 6,900 shares were sold in multiple transactions on October 15, 2025.
• The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2024.
• The shares were sold at weighted average prices ranging from $95.7131 to $98.27.
• Following these transactions, Phillip D. Carrai directly owns 252,041 shares of common stock.
• Additionally, 46,644 shares are indirectly owned by a trust.
• The directly owned shares include 11,385 shares purchased through the Issuer's Employee Stock Purchase Plan and approximately 4,177 shares held through the Issuer's 401(k) Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged 10b5-1 plan, which typically reflects personal financial management rather than a change in company fundamentals or outlook.

Positives

• The sales were conducted under a pre-arranged 10b5-1 trading plan, indicating planned personal financial management rather than a reaction to new company-specific negative information.

Negatives

• An executive selling shares, even under a 10b5-1 plan, reduces their direct ownership stake in the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape within the defense and security solutions sector.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in an executive's direct ownership, which is generally not considered a significant event, especially given the pre-planned nature of the transaction.

Key Dates

Recommendation

A routine insider sale under a pre-arranged 10b5-1 plan, as reported in this Form 4, typically does not provide new material information about the company's operational performance or strategic direction that would warrant a change in investment recommendation. It is generally viewed as a personal financial planning event for the executive.

Keywords

Kratos Defense & Security Solutions, KTOS, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Phillip D. Carrai, Defense Industry