Leonardo DRS officer may sell 20,317 shares

Officer Michael Dippold’s Rule 144 notice proposes selling up to 20,317 Leonardo DRS shares worth about $765,950.90, after prior sales in the past three months.

Rhea-AI Filing Summary

Leonardo DRS, Inc. (DRS) has a notice of proposed sale of securities filed for the account of officer Michael Dippold under Rule 144. The notice covers up to 20,317 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate market value listed as $765,950.90 as of the filing. The shares derive from restricted stock awards that vested on April 1, 2024, November 29, 2024, and April 1, 2026. The form also reports that 8,318 common shares were sold during the prior three months for total proceeds of $386,620.64.

Key Figures

Shares covered by Form 144 notice: 20,317 shares Aggregate market value of shares covered: $765,950.90 Shares sold in past three months: 8,318 shares +4 more

7 metrics

Shares covered by Form 144 notice 20,317 shares Common stock of Leonardo DRS, Inc. that may be sold under Rule 144

Aggregate market value of shares covered $765,950.90 Total market value of the 20,317 common shares referenced in the notice

Shares sold in past three months 8,318 shares Common shares sold on June 8, 2026 for the account of Michael Dippold

Proceeds from past three-month sales $386,620.64 Aggregate proceeds from the 8,318 common shares sold on June 8, 2026

Restricted stock vesting April 1, 2024 6,455 shares Common shares acquired from restricted stock vesting as compensation

Restricted stock vesting November 29, 2024 4,778 shares Common shares acquired from restricted stock vesting as compensation

Restricted stock vesting April 1, 2026 9,084 shares Common shares acquired from restricted stock vesting as compensation

Key Terms

Rule 144, restricted stock vesting, attorney-in-fact, compensation, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Common | 04/01/2024 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

attorney-in-fact regulatory

"as attorney-in-fact for Michael Dippold"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

compensation financial

"04/01/2024 | Compensation"

aggregate proceeds financial

"06/08/2026 | 8318 | 386620.64"

FAQ

What does the Form 144 filing for DRS disclose about planned stock sales?

The Form 144 for DRS discloses that officer Michael Dippold may sell up to 20,317 shares of Leonardo DRS, Inc. common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $765,950.90 reported as of the notice date.

Who is the selling security holder named in Leonardo DRS, Inc. (DRS) Form 144?

The selling security holder is Michael Dippold, identified as an officer of Leonardo DRS, Inc. The Form 144 is signed by Wade Moss as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Dippold.

How many DRS shares has Michael Dippold sold in the past three months?

The filing states that 8,318 shares of Leonardo DRS, Inc. common stock were sold for the account of Michael Dippold on June 8, 2026, for aggregate proceeds of $386,620.64 during the past three months.

What is the aggregate market value of DRS shares covered by this Form 144?

The Form 144 lists an aggregate market value of $765,950.90 for the 20,317 Leonardo DRS, Inc. common shares that may be sold pursuant to this notice.

What is the source of the DRS shares that may be sold under this Form 144?

The shares come from restricted stock vesting granted by the issuer as compensation. Vesting events occurred on April 1, 2024, November 29, 2024, and April 1, 2026, resulting in grants of 6,455, 4,778, and 9,084 common shares, respectively.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 12:19 PM Accepted by SEC EDGAR 09/02/2026 - 12:19 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001849658
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Leonardo DRS, Inc.
SEC File Number	001-41565
Address of Issuer	2345 CRYSTAL DRIVE SUITE 1000 ARLINGTON VIRGINIA 22202
Phone	(703) 416-8000
Name of Person for Whose Account the Securities are To Be Sold	Dippold Michael
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	20317	765950.90	266891515	09/02/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/01/2024	Restricted Stock Vesting	Issuer			6455	04/01/2024	Compensation
Common	11/29/2024	Restricted Stock Vesting	Issuer			4778	11/29/2024	Compensation
Common	04/01/2026	Restricted Stock Vesting	Issuer			9084	04/01/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael Dippold 2345 Crystal Drive Suite 1000 Arlington VA 22202	Common	06/08/2026	8318	386620.64

144: Remarks and Signature

Remarks
Date of Notice	09/02/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/09/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Michael Dippold
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)