Insider trade

CEO sold ~$2.48M of KTOS shares in the open market

Traded Dec 22, 2025 · Filed Dec 23, 2025

~$2.48M
Reported value · 31K sh @ $81.16: 796K
Holds after · shares reported: −48.5%
stock since the trade · S&P 500 +13.1%, $81.53 → $42.02 on Oct 5

Why it stands out

The boss of Kratos Defense & Security Solutions sold $2.48M of Kratos Defense & Security Solutions shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 22, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 23, 2025

CEOIndirect holding$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,480,175

Shares × reported transaction price

Timing vs results

48 days after results of Nov 4, 2025, 63 days before results of Feb 23, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	−5.1%	−1.2%	−3.9%
30 days	+38.0%	−0.2%	+38.2%
90 days	−3.1%	−5.4%	+2.3%
180 days	−36.1%	+7.8%	−43.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001082440-25-000008
Filed / recorded: Dec 23, 2025, 11:22 PM UTC
Added to OQRO: Oct 6, 2026, 7:59 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
Issuer CIK: 1069258
Ticker: KTOS
Reporting person: Eric M Demarco
Relationship: Director, Officer
Officer title: President & CEO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 22, 2025
Transaction code: S
Shares / units: 30,559
Price per share: $81.16
Acquired / disposed: Disposed (D)
Shares owned after: 796,237
Ownership form: Indirect — by trust
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on August 29, 2025.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.41 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
In addition to the 796,237 shares and 61,875 shares reported in Column 5, as of December 22, 2025, 1,212,500 deferred restricted stock units (RSUs) granted to Mr. DeMarco, representing non-qualified deferred compensation, have vested but remain subject to a previously agree to 5-year deferral period before issuance and release, which substantially all subject RSUs are scheduled to be released by January 2029, and an additional 750,000 RSUs granted to Mr. DeMarco are currently unvested and will only vest upon achievement of applicable vesting terms described in our proxy statement on Schedule 14A filed with the SEC on April 4, 2025. Each RSU represents a contingent right to receive one share of the Company's common stock.

Around the same time

Officer sold ~$201K of Kratos Defense & Security Solutions

Scheduled in advance9mo ago

Director sold ~$601K of Kratos Defense & Security Solutions

Scheduled in advance9mo ago

Officer sold ~$48K of Kratos Defense & Security Solutions

Scheduled in advance9mo ago