Mendoza Marie

Over January 3-4, 2026, Marie Mendoza exercised options nine separate times at Kratos Defense & Security Solutions — every single transaction a round lot of either 3,000 or 3,500 shares, all withheld for taxes at the same $79.29 price, alongside one large 17,500-share award the same week. That clustering of nearly identical exercises is the most unusual structural fact in her record. The real signal running underneath it is a stock in steep decline: Mendoza's monthly sales trace Kratos falling from $120.18 in mid-January to $51.79 by mid-July — a roughly 57% drop across six months. Every one of her 217 recorded transactions at the company is a sale or an exercise; she has never once recorded an open-market purchase.