DRS (NASDAQ: DRS) affiliate files to sell 16,330 shares after vesting
Rhea-AI Filing Summary
DRS affiliate Michael Dippold filed a Form 144 to sell 16,330 shares of Common Stock, identified as securities from a restricted stock vesting event. The filing lists a reported aggregate market value of $739,259.10 and an outstanding share count of 265,846,193 shares as of 03/16/2026.
The notice also records 10,588 shares sold on 01/05/2026 for $391,756.00, shown under "Securities Sold During The Past 3 Months."
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Insights
Routine Form 144 resale notice tied to vested restricted stock.
The filing documents a proposed disposition of 16,330 shares arising from a restricted stock vesting event; the excerpt lists an aggregate market value of $739,259.10. Form 144 provides notice required for affiliate sales under resale rules.
Listed prior sales include 10,588 shares sold on 01/05/2026 for $391,756.00. Cash-flow treatment and specific sale mechanics are timing and method details not shown in the excerpt.