DRS (NASDAQ: DRS) Form 144 lists 16,330 and 7,071-share transactions
Rhea-AI Filing Summary
DRS filed a Form 144 notice reporting proposed resale of Common Stock by an affiliate and listing recent restricted stock vesting events. The filing lists two reported sales: 16,330 shares for $739,259.10 on 03/16/2026 and 7,071 shares for $320,881.98 on 04/02/2026. The excerpt also shows restricted stock vesting entries of 517 shares on 11/29/2024, 5,444 shares on 03/15/2025, and 2,357 shares on 04/01/2025.
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Insights
Form 144 lists proposed resale activity and recent compensation-related vesting.
The filing shows two resale entries with exact share counts and gross proceeds: 16,330 shares ($739,259.10) and 7,071 shares ($320,881.98). These figures reflect reported transactions or proposed sales under Rule 144.
Vesting records of restricted stock appear as compensation events on specific dates (11/29/2024, 03/15/2025, 04/01/2025). Timing and cash‑flow treatment for the reported sales are not elaborated in the excerpt.
Restricted stock vesting is documented alongside resale notices; this is routine compensation and resale reporting.
The excerpt itemizes three vesting events totaling 8,318 shares (517 + 5,444 + 2,357) across dated grant/vesting entries. These entries are labeled as "Compensation" and tied to specific vesting dates.
Holder identity and whether the resale proceeds benefit the issuer or selling holder are not specified in the excerpt; subsequent filings may clarify attribution and cash‑flow treatment.