STOCK TITAN

DRS Group (NASDAQ: DRS) Rule 144 notice for 11,545 vested shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DRS submitted a Rule 144 notice indicating an intent to sell 11,545 shares of Common Stock tied to restricted stock vesting on 04/01/2026.

The filing also reports that Pamela Morrow sold 12,000 shares of Common Stock on 03/03/2026 for $542,385.53.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice documents an intended resale after restricted stock vesting and records a recent insider sale.

The filing lists 11,545 shares to be sold under Rule 144 as a result of restricted stock vesting dated 04/01/2026. Rule 144 notices are procedural disclosures that permit resale when conditions are met.

Separately, the report shows Pamela Morrow sold 12,000 shares on 03/03/2026 for $542,385.53. Cash‑flow treatment and whether sales were part of a plan are not indicated in the excerpt.

Shares to be sold under Rule 144 11,545 shares restricted stock vesting on <date>04/01/2026</date>
Shares sold (past 3 months) 12,000 shares sale by Pamela Morrow on <date>03/03/2026</date>
Proceeds reported <money>$542,385.53</money> payment received for 12,000 shares sold on <date>03/03/2026</date>
Securities venue NASDAQ exchange listed in the excerpt
Rule 144 regulatory
"intent to sell 11,545 shares of Common Stock under 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 | 04/01/2026 | Restricted Stock Vesting"
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.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What does the DRS Form 144 disclose about shares to be sold?

The filing notifies an intent to sell 11,545 shares of Common Stock tied to restricted stock vesting dated 04/01/2026. It records the nature of the shares as from a restricted stock vesting event.

How many shares did Pamela Morrow sell in the recent disclosure for DRS?

Pamela Morrow sold 12,000 shares of Common Stock on 03/03/2026. The filing shows proceeds of $542,385.53 reported for that sale.

Does the Form 144 state when the vested shares were issued for DRS?

Yes. The filing ties the shares to restricted stock vesting on 04/01/2026. The item explicitly lists the vesting date alongside the 11,545 shares planned for resale.

Does the DRS excerpt specify who will receive proceeds from the sale of vested shares?

The excerpt identifies the shares as resulting from restricted stock vesting but does not state the recipient of proceeds or how proceeds will be used. Cash‑flow treatment is not provided 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