Thomas E. Mills - Dec 4, 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Signature
Thomas E. Mills, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Dec 4, 2023
Transactions value $
-$321,820
Form type
4
Date filed
12/6/2023, 08:19 PM
Previous filing
Nov 29, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Sale -$32.6K -1.63K -9.24% $20.00 16K Dec 4, 2023 Direct F1, F2
transaction KTOS Common Stock Sale -$289K -14.5K -90.18% $20.00 1.57K Dec 4, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 16, 2023.
F2 Includes approximately 1,574 shares held through Issuer's 401(k) Plan; this Form 4 has been updated to correct the inadvertent underreporting of holdings of a de minimis number of 177 shares in certain prior Form 4s of the Reporting Person. The amount reported in Column 5 of Table I reflects the number of shares of common stock held by the Reporting Person as of the date of this Form 4 filing.