Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KTOS | Common Stock | Sale | -$120K | -6K | -3.63% | $20.00 | 159K | Dec 4, 2023 | Direct | F1, F2 |
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).
Id | Content |
---|---|
F1 | This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person adopted by the reporting person on September 12, 2019, as amended August 18, 2023. |
F2 | Includes 16,626 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 19,503 shares held through Issuer's 401(k) Plan. |