Marie Mendoza - Oct 16, 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
Oct 16, 2023
Transactions value $
-$17,150
Form type
4
Date filed
10/18/2023, 07:29 PM
Previous filing
Sep 15, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTOS Common Stock Sale -$17.2K -1K -2.6% $17.15 37.4K Oct 16, 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 March 15, 2021, as amended September 12, 2022.
F2 Includes 1,281 shares purchased through Issuer's Employee Stock Purchase Plan and approximately 13,914 shares held through Issuer's 401(k) Plan.