Form 4: Kratos Executive Stacey G. Rock Reports Stock Transactions
SEC Form 4 Filing
Stacey G. Rock, President of Kratos' KTT Division, reports the acquisition and disposal of Kratos Defense & Security Solutions, Inc. stock on March 13, 2025, through performance restricted stock unit settlements and tax liability fulfillment.
Summary
- On March 13, 2025, Stacey G. Rock, President of the KTT Division at Kratos Defense & Security Solutions, Inc., engaged in multiple transactions involving the company's common stock.
- Rock acquired 5,000 shares each from the settlement of Performance Restricted Stock Unit Awards granted on January 3, 2020, January 4, 2021, January 3, 2022 and January 4, 2024.
- Simultaneously, 1,967 shares were withheld from each of those transactions to cover tax liabilities at a price of $29.52 per share.
- Following these transactions, Rock directly owns 61,471 shares of Kratos common stock, which includes 1,249 shares purchased through the Employee Stock Purchase Plan and approximately 6,516 shares held through the company's 401(k).
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transactions are part of a standard compensation plan, with acquisitions balanced by tax-related disposals. There's no indication of unusual activity or concern.
Positives
- The acquisition of shares through performance restricted stock unit awards suggests that performance targets were met, which is a positive indicator.
Industry Context
Executive stock transactions are routinely monitored as indicators of management's confidence in the company's prospects. Acquisitions can be seen as a positive signal, while consistent sales might raise concerns.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| January 3, 2020 | Date of grant for Performance Restricted Stock Unit Award settled on 03/13/2025. |
| January 4, 2021 | Date of grant for Performance Restricted Stock Unit Award settled on 03/13/2025. |
| January 3, 2022 | Date of grant for Performance Restricted Stock Unit Award settled on 03/13/2025. |
| January 4, 2024 | Date of grant for Performance Restricted Stock Unit Award settled on 03/13/2025. |
| 03/13/2025 | Date of stock transactions (acquisition and disposal). |
| 03/17/2025 | Date of Form 4 signature. |
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