Summary of the insider transaction
Deanna H. Lund, who serves as Executive Vice President and Chief Financial Officer of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), executed sales of 4,800 shares of the company’s common stock on March 2, 2026, the company disclosed in a Form 4 filed with the Securities and Exchange Commission. The disposals were carried out under a pre-established 10b5-1 trading arrangement and generated total proceeds of $456,394.
Breakdown of the trades
The transactions took place across multiple executions, with per-share prices spanning $87.255 to $96.65. The filing details the following lots:
- 200 shares at a weighted average price of $87.255 (range $86.76 to $87.75)
- 200 shares at $88.565 (range $88.31 to $88.82)
- 1,984 shares at $90.1889 (range $89.63 to $90.61)
- 1,216 shares at $90.8017 (range $90.65 to $91.03)
- 500 shares at $92.524 (range $91.93 to $92.80)
- 400 shares at $94.23 (range $94.15 to $94.37)
- 400 shares at $95.655 (range $95.15 to $95.85)
- 100 shares at $96.65
Post-transaction holdings
After completing these sales, Lund is reported to directly own 270,058 shares of Kratos. That total includes 16,626 shares acquired through the company’s Employee Stock Purchase Plan and about 19,671 shares held via the company’s 401(k) plan, according to the filing.
Concurrent company developments
The insider filing coincides with a string of company announcements. Kratos disclosed it has secured a production contract valued at approximately $7 million for a Counter-UAS (counter-unmanned aerial system) platform intended to detect, track, and classify threats such as unmanned aerial systems and cruise missiles.
Separately, Kratos announced a $1.17 billion equity share offering. Following that disclosure, Stifel reiterated a Buy rating on Kratos stock and kept a price target of $134.00.
On the space-systems front, Kratos said its OpenSpace Platform has been deployed by SSC Space for the SSC Space Go service, a small-satellite low Earth orbit data-access offering that leverages OpenSpace capabilities for satellite operations.
Market reaction noted
The company’s stock moved higher along with other defense contractors amid elevated tensions in the Middle East. That rise occurred after a joint military operation by the U.S. and Israel against Iran, according to the company’s disclosures.
Context and constraints
All transaction figures, holdings and corporate announcements reflected above come from the company’s regulatory filing and its public disclosures. The insider sales were executed under a 10b5-1 plan as reported on the SEC Form 4, and the other corporate items - the Counter-UAS production contract, the $1.17 billion equity offering, Stifel’s rating and the OpenSpace deployment - are described in company statements accompanying the filings.
What this piece does and does not do
This report presents the details the company disclosed in its filings and announcements. It does not infer motives behind the insider sale or forecast the effects of the equity offering beyond what is reported in the company disclosures.