Deanna H. Lund - Dec 4, 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Signature
Deanna H. Lund, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
Dec 4, 2023
Transactions value $
-$120,000
Form type
4
Date filed
12/6/2023, 08:10 PM
Previous filing
Aug 2, 2023
Next filing
Jan 4, 2024

Transactions Table

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
* 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 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.