Form 4: Kratos Officer Maria Cervantes de Burgreen Reports Stock Transaction

Maria Cervantes de Burgreen, VP & Corp. Controller at Kratos Defense & Security Solutions, reports disposition of shares to cover tax liabilities and holdings through employee stock plans.

Summary

• On March 8, 2024, Maria Cervantes de Burgreen, VP & Corp. Controller at Kratos Defense & Security Solutions, reported a transaction involving common stock.
• 16,581 shares were disposed of at a price of $18.24 to satisfy tax liabilities related to vested performance restricted stock units.
• Following the transaction, Cervantes de Burgreen directly owns 62,496 shares of Kratos common stock, which includes shares purchased through the Employee Stock Purchase Plan and shares held in a 401(k).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The reporting person participates in the company's Employee Stock Purchase Plan and 401(k), indicating confidence in the company's future.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for officers of publicly traded companies, providing transparency into insider transactions. It is a normal part of corporate governance.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates