The cluster is small relative to market cap but notable for involving the US Division President and CFO. Monitor for any upcoming earnings pre-announcement, contract updates, or guidance changes that could explain the selling. The historical calibration suggests limited predictive power for this magnitude of sell cluster — treat as a modest caution flag rather than a strong bearish signal.
Price Chart
Executive Summary
Three KTOS insiders, including the President of the US Division and the EVP & CFO, sold a total of $2.05M in open-market transactions over a 7-day window. The largest sale ($1.93M) by the US Division President represents a significant insider reduction at current prices, though the total is only ~0.02% of the $10.5B market cap, making it a modest signal. The cluster is amplified by the presence of a C-suite officer (CFO) and a division president, but the dollar amount relative to market cap is below the 0.1% threshold for materiality.
Key Financial Metrics
Key Facts
- Three insiders sold shares in open-market transactions totaling $2.05M from June 1-8, 2026.
- President of US Division (Steven Fendley) sold 33,250 shares for $1.93M — the largest trade in the cluster.
- EVP & CFO (Deanna Lund) sold 600 shares for $37K.
- President of DRSS Division (David Carter) sold 1,400 shares for $81K.
- Total sales represent approximately 0.02% of KTOS's $10.5B market cap.
- All transactions were open-market sales (code S), not tax-related or derivative exercises.
- Historical calibration shows cluster sell signals at this score level have a 31% observed probability of up-move at T+20, with a net negative average alpha.
Financial Impact
Insider sales of $2.05M, or ~0.02% of market cap. No direct financial impact on the company.
Risk Factors
- Insider selling could indicate management's view that shares are fully valued or that near-term headwinds exist.
- Lack of insider buying alongside the selling may signal a lack of conviction in near-term upside.
- The cluster may be driven by routine portfolio diversification or 10b5-1 plans, reducing informational content.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KTOS-1781138775381 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Insider Cluster | $53.69 $47.02 | ▼ −12.42% | ▼ −11.91% | $42.93 (−20.04%) |
Aug 20, 2026 6w ago | Insider Cluster | $57.17 $47.46 | ▲ +16.98% | ▲ +16.71% | $42.93 (+24.91%) |
Aug 19, 2026 6w ago | Insider Cluster | $56.18 $47.46 | ▼ −15.52% | ▼ −15.52% | $42.93 (−23.58%) |
Aug 17, 2026 6w ago | 144 | $61.99 $47.59 | ▼ −23.23% | ▼ −21.92% | $42.93 (−30.75%) |
Aug 17, 2026 6w ago | Press Release | $63.29 $47.62 | ▼ −24.76% | ▼ −22.78% | $42.93 (−32.17%) |
Aug 7, 2026 7w ago | Insider Cluster | $62.42 $48.20 | ▼ −22.78% | ▼ −21.87% | $42.93 (−31.22%) |
Jul 17, 2026 10w ago | Insider Cluster | $45.94 $63.29 | ▲ +37.77% | ▲ +33.65% | $42.93 (−6.55%) |
Jul 17, 2026 10w ago | Insider Cluster | $45.94 $63.29 | ▲ +37.77% | ▲ +33.65% | $42.93 (−6.55%) |
Jul 10, 2026 11w ago | Insider Cluster | $46.96 $62.42 | ▲ +32.92% | ▲ +29.74% | $42.93 (−8.58%) |
Jul 2, 2026 13w ago | Insider Cluster | $55.35 $46.17 | ▼ −16.59% | ▼ −16.17% | $42.93 (−22.44%) |
US Market Status
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