KRATOS DEFENSE & SECURITY SOLUTIONS, INC.·4

Mar 6, 5:59 PM ET

Carrai Phillip D 4

4 · KRATOS DEFENSE & SECURITY SOLUTIONS, INC. · Filed Mar 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Kratos (KTOS) President Phillip Carrai Receives 50,000 RSU Award

What Happened

  • Phillip D. Carrai, President of the STC Division at Kratos Defense & Security Solutions (KTOS), had 50,000 performance restricted stock units (RSUs settle) vest on 2026-03-04. The awards were recorded as acquisitions at $0.00 (three grants of 16,666 / 16,667 / 16,667 shares).
  • To satisfy tax liabilities, 7,516 shares were withheld for each tranche (transaction code F), at $89.13 per share — $669,901 withheld per tranche, totaling $2,009,703. After withholding, Carrai received a net 27,452 shares.

Key Details

  • Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (timely).
  • Awards settled: 50,000 shares (F1: granted 1/3/2022; F2: granted 1/4/2024; F3: granted 1/3/2025).
  • Tax withholding: 22,548 shares withheld in net share settlement (code F); withholding price reported as $89.13/share; total withholding value ≈ $2,009,703.
  • Net shares delivered to insider: 27,452.
  • Holdings note (F5): report mentions 1,232 shares from ESPP and ~4,246 shares held through 401(k); Form 4 does not report a single consolidated total in the provided summary.
  • Transaction types: A = award/acquisition (RSU settlement); F = shares withheld to cover tax liability (not an open-market sale).

Context

  • This was a vesting/settlement of performance RSUs with net-share tax withholding (a common routine action), not an open-market sale or a new cash purchase. The insider did not sell shares into the market as part of this transaction — the "dispositions" are tax withholdings.

Insider Transaction Report

Form 4
Period: 2026-03-04
Carrai Phillip D
President, STC Division
Transactions
  • Award

    Common Stock

    [F1][F5]
    2026-03-04+16,666230,007 total
  • Tax Payment

    Common Stock

    [F4][F5]
    2026-03-04$89.13/sh7,516$669,901222,491 total
  • Award

    Common Stock

    [F2][F5]
    2026-03-04+16,667239,158 total
  • Tax Payment

    Common Stock

    [F4][F5]
    2026-03-04$89.13/sh7,516$669,901231,642 total
  • Award

    Common Stock

    [F3][F5]
    2026-03-04+16,667248,309 total
  • Tax Payment

    Common Stock

    [F4][F5]
    2026-03-04$89.13/sh7,516$669,901240,793 total
Holdings
  • Common Stock

    (indirect: By Trust)
    46,644
Footnotes (5)
  • [F1]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2022.
  • [F2]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 4, 2024.
  • [F3]Shares acquired pursuant to the settlement of a Performance Restricted Stock Unit Award granted on January 3, 2025.
  • [F4]Shares withheld in a net transaction to satisfy the tax liability, in accordance with Issuer's trading policies, in connection with shares vested as reported in this Form 4.
  • [F5]Includes 1,232 shares purchased through Issuer's Employee Stock Purchase Plan, and approximately 4,246 shares held through Issuer's 401(k) Plan.
Signature
Phillip D. Carrai, by Eva Yee, Attorney-In-Fact|2026-03-06

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT