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DRS (NASDAQ: DRS) affiliate files to sell 16,330 shares after vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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."

Positive

  • None.

Negative

  • None.

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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Michael Dippold's Form 144 for DRS report?

It reports a proposed sale of 16,330 shares of Common Stock tied to a restricted stock vesting event, with an aggregate market value of $739,259.10.

Has the filer sold any DRS shares recently?

Yes. The filing lists 10,588 shares sold on 01/05/2026 for $391,756.00, shown under "Securities Sold During The Past 3 Months."

What outstanding share count does the filing show for DRS?

The excerpt lists 265,846,193 shares outstanding as of 03/16/2026, presented alongside the offering details in the Form 144 fields.

Why is a Form 144 filed for these shares?

Form 144 notifies the SEC of an affiliate's intent to sell restricted or control securities; here the shares are linked to restricted stock vesting and are being reported for resale.
Leonardo DRS, Inc.

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12.04B
75.31M
Aerospace & Defense
Search, Detection, Navigation, Guidance, Aeronautical Sys
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United States
ARLINGTON