Insider trade

Officer sold ~$527K of KTOS shares in the open market

Traded Feb 23, 2026 · Filed Feb 25, 2026

~$527K
Reported value · 5,700 sh @ $92.41: 336K
Holds after · shares reported: −55.4%
stock since the trade · S&P 500 +13.6%, $94.31 → $42.02 on Oct 5

Why it stands out

Kratos Defense & Security Solutions's President, US Division sold $527K 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: Feb 23, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 25, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$526,764

Shares × reported transaction price

Timing vs results

on the day of results (Feb 23, 2026), 72 days before results of May 6, 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	−7.2%	−1.2%	−6.0%
30 days	−29.1%	−8.3%	−20.8%
90 days	−37.8%	+8.9%	−46.7%
180 days	−42.9%	+11.1%	−54.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001695434-26-000003
Filed / recorded: Feb 25, 2026, 11:12 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: Steven S. Fendley
Relationship: Officer
Officer title: President, US Division
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 23, 2026
Transaction code: S
Shares / units: 5,700
Price per share: $92.41
Acquired / disposed: Disposed (D)
Shares owned after: 335,948
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 12, 2025.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.00 to $92.97 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.
Includes approximately 2,302 shares held through Issuer's 401(k) Plan.

Around the same time

Officer sold ~$129K of Kratos Defense & Security Solutions

Scheduled in advance6mo ago

Officer sold ~$92K of Kratos Defense & Security Solutions

Scheduled in advance6mo ago

Officer sold ~$86K of Kratos Defense & Security Solutions

Scheduled in advance6mo ago