Insider sale details
Deanna H. Lund, who serves as Executive Vice President and Chief Financial Officer at Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), reported the sale of 5,000 shares of common stock on April 1, 2026, according to a Form 4 filing with the U.S. Securities and Exchange Commission. The trades were executed under a 10b5-1 trading arrangement that Lund adopted on May 20, 2025.
The total proceeds from the sales were $348,129, with execution prices spanning $68.0578 to $72.45. The sales were broken out as follows:
- 1,800 shares sold at a weighted average price of $68.0578, with individual trade prices ranging from $67.67 to $68.65;
- 800 shares sold at a weighted average price of $69.6024, with prices ranging from $68.98 to $69.94;
- 1,600 shares sold at a weighted average price of $70.3123, with prices ranging from $70.02 to $70.86;
- 600 shares sold at a weighted average price of $71.59, with prices ranging from $71.19 to $72.08;
- 200 shares sold at a weighted average price of $72.45, with prices ranging from $72.21 to $72.69.
Following these dispositions, Lund directly owns 300,069 shares of Kratos common stock. That total includes 16,626 shares acquired through the company’s Employee Stock Purchase Plan and approximately 20,143 shares held within the company’s 401(k) Plan.
Corporate developments and contract awards
In other disclosures and announcements, Kratos has reported a series of program and corporate developments across defense and aerospace activity.
- Kratos received a contract from the Naval Surface Warfare Center, Port Hueneme Division, covering production and delivery of up to 36 Oriole solid rocket motors and three Thrust Vector Control (TVC) nozzle kits. If the contract is fully exercised, it could be worth up to $49.2 million. Within that potential total, the rocket motor portion is valued at $39.1 million and the TVC production kits option at $10.1 million.
- SKY Perfect JSAT Corporation selected Kratos to develop a 5G Non-Terrestrial Network (NTN) ground system as part of its Universal NTN initiative in the Asia-Pacific region.
- Kratos and Airbus are collaborating on an integrated Uncrewed Collaborative Combat Aircraft system for the German Air Force, with a maiden flight planned for later this year.
- David King has been appointed to Kratos’ board of directors and will serve on the Audit Committee; King is described as having over four decades of experience in the aerospace and defense sectors.
- Separately, Rocket Lab, under a task area led by Kratos, secured a $190 million contract for 20 hypersonic test flights for the U.S. Department of Defense.
Collectively, these items underscore Kratos’ active participation in multiple defense and aerospace programs spanning propulsion, non-terrestrial communications infrastructure and collaborative uncrewed aircraft development.
Context and limitations
The insider sale was executed via a pre-established 10b5-1 plan, which is noted in the Form 4 filing. The announced contract values include option elements and are conditional on full exercise where specified. The timing and execution details for program milestones such as the planned maiden flight are described in the company’s announcements but are not further detailed in the regulatory filing concerning the insider sale.
Bottom line
On April 1, 2026, Kratos’ CFO completed a prearranged sale of 5,000 shares totaling $348,129. The company concurrently reported a set of contract awards, partnerships and a board appointment that span its defense and aerospace activities.