Kratos Defense (KTOS) officer discloses planned insider stock sales

Rhea-AI Filing Summary

Kratos Defense & Security Solutions (KTOS) executive David M. Carter, President of the DRSS Division, reported open-market sales of company common stock on 12/05/2025. He sold 800, 2,900 and 300 shares in three separate transactions, with weighted average prices of $75.3137, $76.4542 and $77.4133, respectively.

The sales were executed under a Rule 10b5-1 trading plan that Carter adopted on June 13, 2025. After these transactions, he beneficially owned 85,809 shares of Kratos common stock, including 12,200 shares purchased through the company’s Employee Stock Purchase Plan and 4,165 shares held in his retirement account.

Insider Trade Summary

Net Seller: 4,000 shares ($305,192)

Net Sell 3 txns

Insider Carter David M

Role President, DRSS Division

Sold 4,000 shs ($305K)

Type	Security	Shares	Price	Value
Sale	Common Stock	800	$75.3137	$60K
Sale	Common Stock	2,900	$76.4542	$222K
Sale	Common Stock	300	$77.4133	$23K

Holdings After Transaction: Common Stock — 89,009 shares (Direct)

Footnotes (1)

1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.93 to $75.69 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.20 to $77.12 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.20 to $77.65 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. Includes 12,200 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carter David M

(Last) (First) (Middle)

10680 TREENA STREET, SUITE 600

(Street)

SAN DIEGO CA 92131

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. [ KTOS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, DRSS Division

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/05/2025		S		800(1)	D	$75.3137(2)	89,009(5)	D
Common Stock	12/05/2025		S		2,900(1)	D	$76.4542(3)	86,109(5)	D
Common Stock	12/05/2025		S		300(1)	D	$77.4133(4)	85,809(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 13, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.93 to $75.69 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.20 to $77.12 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.20 to $77.65 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

5. Includes 12,200 shares purchased through Issuer's Employee Stock Purchase Plan and 4,165 shares held through reporting person's retirement account.

	David M. Carter, by Eva Yee, Attorney-In-Fact	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Kratos Defense (KTOS) disclose in this Form 4?

The Form 4 reports that David M. Carter, President of the DRSS Division at Kratos Defense & Security Solutions, sold shares of the company’s common stock in multiple open-market transactions on 12/05/2025.

How many Kratos Defense (KTOS) shares did the executive sell and at what prices?

On 12/05/2025, David M. Carter sold 800, 2,900 and 300 shares of Kratos common stock in three transactions at weighted average prices of $75.3137, $76.4542 and $77.4133, respectively.

Was the KTOS insider sale made under a Rule 10b5-1 trading plan?

Yes. A footnote states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by David M. Carter on June 13, 2025.

How many Kratos Defense (KTOS) shares does David M. Carter own after the reported transactions?

Following the reported sales, David M. Carter beneficially owned 85,809 shares of Kratos common stock.

What portion of the executive’s KTOS holdings comes from employee and retirement plans?

The filing notes that Carter’s holdings include 12,200 shares purchased through Kratos’s Employee Stock Purchase Plan and 4,165 shares held in his retirement account.

What was David M. Carter’s role at Kratos Defense (KTOS) at the time of the Form 4?

He is identified as an officer of Kratos Defense & Security Solutions, serving as President, DRSS Division.