Summary: Stacey G. Rock, president of the KTT Division at Kratos Defense & Security Solutions, INC. (NASDAQ:KTOS), sold 4,000 shares of the company’s common stock on March 26, 2026, under a prearranged 10b5-1 trading plan, according to a Form 4 filing with the Securities and Exchange Commission. The total proceeds from the transactions were $307103.
The dispositions were executed across three separate trades. A block of 1,700 shares was sold at a weighted average price of $75.6187, 1,200 shares at a weighted average price of $76.847, and 1,100 shares at a weighted average price of $78.4865. The filings note that these sales were part of the established 10b5-1 plan and reflect the indicated weighted average prices for each tranche.
Market context provided in the filing shows that KTOS shares have pulled back by nearly 15% over the past week while remaining substantially higher on a longer timeframe, trading up about 129% over the prior 12 months.
Following the March 26 trades, Rock retains direct ownership of 21,777 shares of Kratos common stock. That total incorporates holdings purchased through the company’s Employee Stock Purchase Plan as well as shares maintained in the company 401(k) Plan.
Corporate awards and program updates
In related corporate developments disclosed alongside the insider filing, Kratos reported multiple contract wins and program milestones. The company secured an award from the Naval Surface Warfare Center, Port Hueneme Division, for production and delivery of up to 36 Oriole solid rocket motors and three Thrust Vector Control (TVC) nozzle kits. The contract contains options that could increase its total value to $49.2 million, with the solid rocket motor portion specified at $39.1 million and an option for TVC production kits valued at $10.1 million.
Kratos also disclosed a selection by SKY Perfect JSAT Corporation to develop and validate a 5G Non-Terrestrial Network (NTN) ground system as part of the Japanese satellite operator’s Universal NTN initiative. That engagement focuses on technical validation and early-stage implementation of software-based 5G NTN ground infrastructure.
On the corporate governance front, Kratos named David King to its board of directors; King will serve on the Audit Committee and brings over four decades of experience in the aerospace and defense sectors, as stated in company disclosures.
Additional program-level activity includes continued collaboration with Airbus on an integrated Uncrewed Collaborative Combat Aircraft system for the German Air Force, with a maiden flight planned for later this year. The company also figures in a larger hypersonic flight test program: Rocket Lab was awarded a $190 million contract to conduct 20 hypersonic test flights for the U.S. Department of Defense, a project that the filings note is led by Kratos.
What the filing shows
The Form 4 filing provides a snapshot of an insider sale executed under a preplanned trading arrangement while the company continues to advance defense, satellite and aerospace programs and to add experienced leadership at the board level. The sale and the separately announced contracts and appointments were disclosed contemporaneously in public filings and company statements.