Kratos Defense CEO Eric DeMarco Sells $18M in KTOS Stock — Five Insiders Sell $23.7M at Defense Stock Highs

Kratos Defense & Security Solutions CEO Eric DeMarco sold $18.05 million in KTOS stock across 3 transactions, as five total insiders sold $23.65 million. The selling comes as Kratos — a key player in autonomous drones and defense technology — trades near all-time highs.

Five Insiders, $23.7M

Insider	Title	Transactions	Value	Shares After	Career Sales
Eric DeMarco	President & CEO	3	$18.05M	687,117	$75.5M
Stacey Rock	President, KTT Division	17	$2.72M	22,566	$5.8M
David Carter	President, DRSS Division	20	$1.60M	77,826	$6.1M
Thomas Mills IV	President, C5ISR Division	4	$0.79M	9,802	$5.6M
Deanna Lund	EVP & CFO	5	$0.48M	274,983	$19.3M
Total: 5 insiders, 49 transactions			$23.65M

CEO DeMarco: $75.5M Career, Drone Defense Leader

Eric DeMarco has sold $75.5 million in KTOS stock over his career. His $18M sale in this round — his largest recent window — leaves him with 687,117 shares. At current prices, that remaining position is worth approximately $21 million, meaning he's sold roughly 3.6x the value of his current holdings.

DeMarco has led Kratos through its transformation from a traditional defense IT company to a focused developer of autonomous drones, hypersonic systems, and missile defense technology. His selling at record prices suggests he views the current valuation as reflecting the market's enthusiasm for these capabilities.

Three Division Presidents All Selling

The most telling detail may be that all three of Kratos's division presidents sold simultaneously:

• KTT Division (Rock): 17 transactions, $2.72M — the most active seller by transaction count
• DRSS Division (Carter): 20 transactions, $1.60M — steady, small-block selling
• C5ISR Division (Mills): 4 transactions, $790K — more concentrated selling

These are the people who run Kratos's core business lines — the drone programs, the radar systems, the C5ISR capabilities. When every division president sells within the same window as the CEO, it's a collective assessment of the stock's value at current levels.

CFO Lund: $19.3M Career

CFO Deanna Lund sold $480K in this round, adding to her $19.3M career total. She retains 274,983 shares (~$8.4M) — providing reasonable alignment, though her career sales exceed her current position by about 2.3x.

Defense and Drones at Record Prices

Kratos has been one of the best-performing defense stocks, driven by:

• Autonomous drone programs — the Valkyrie and other AI-enabled unmanned aircraft
• Hypersonic technology — high-speed missile and defense systems
• Rising defense budgets — bipartisan support for increased military spending

For KTOS investors riding the defense tech wave, $23.7M in coordinated insider selling — 49 total transactions from the CEO, CFO, and all three division presidents — is a comprehensive data point. The people building Kratos's drones and missile systems are taking significant money off the table at current prices.