Form 4: Kratos SVP Benjamin Goodwin Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Benjamin M. Goodwin, SVP of Corporate Development & Government Affairs at Kratos Defense & Security Solutions, reports the acquisition and disposal of common stock related to performance restricted stock unit awards.

Summary

  • On March 13, 2025, Benjamin M. Goodwin, SVP at Kratos Defense & Security Solutions, reported several transactions involving the company's common stock.
  • These transactions include the acquisition of 4,167 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, 2,077 shares were withheld from each of those grants to cover tax liabilities at a price of $29.52 per share.
  • Goodwin also holds 13,105 shares indirectly through a trust.
  • Following these transactions, Goodwin directly owns 52,466 shares and indirectly owns 13,105 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to vesting of stock awards and tax obligations. There is no indication of unusual activity or concern.

Positives

  • The acquisition of shares through the settlement of performance restricted stock units suggests that performance targets were met, which is a positive indicator.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. These filings are closely monitored by investors to gain insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine insider activity related to stock-based compensation.

Key Dates

DateDescription
January 3, 2020Date of grant for Performance Restricted Stock Unit Award.
January 4, 2021Date of grant for Performance Restricted Stock Unit Award.
January 3, 2022Date of grant for Performance Restricted Stock Unit Award.
January 4, 2024Date of grant for Performance Restricted Stock Unit Award.
March 13, 2025Date of stock transactions (acquisition and disposal).
March 17, 2025Date of signature on the Form 4 filing.

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