Marie Mendoza - May 17, 2023 Form 4 Insider Report for KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)

Signature
Marie C. Mendoza, by Eva Yee, Attorney-In-Fact
Stock symbol
KTOS
Transactions as of
May 17, 2023
Transactions value $
-$20,258
Form type
4
Date filed
5/18/2023, 07:42 PM
Previous filing
May 5, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Sale -$20.3K -1.45K -3.39% $14.00 41.3K May 17, 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.
F2 Includes 910 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 13,654 shares held through Issuer's 401(k) Plan.