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Insider plans 1,300-share Leonardo DRS (NYSE: DRS) sale under Rule 144

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

Rhea-AI Filing Summary

Leonardo DRS received a notice under Rule 144 for a planned sale of restricted stock. An affiliated holder plans to sell 1,300 shares of common stock through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $45,721.00.

The shares were acquired on 11/29/2024 through restricted stock vesting as compensation from the issuer. The notice lists 266,026,725 common shares outstanding for the issuer and indicates an approximate sale date of 01/05/2026.

Positive

  • None.

Negative

  • None.

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 the Form 144 filing for DRS disclose about the planned stock sale?

The filing discloses a planned sale of 1,300 DRS common shares with an aggregate market value of $45,721.00. The shares are expected to be sold on the NASDAQ through Fidelity Brokerage Services LLC around 01/05/2026.

How many Leonardo DRS (DRS) shares are involved in this Rule 144 sale?

The notice covers 1,300 shares of Leonardo DRS common stock. These shares were originally acquired as restricted stock vesting on 11/29/2024 and are now planned for resale under Rule 144 on the NASDAQ.

What is the reported market value of the DRS shares to be sold under Form 144?

The filing reports an aggregate market value of $45,721.00 for the 1,300 common shares to be sold. This value reflects the market price used in the notice for the proposed Rule 144 transaction.

How and when were the Leonardo DRS shares being sold under Form 144 acquired?

The 1,300 DRS shares were acquired on 11/29/2024 through restricted stock vesting from the issuer as compensation. The Form 144 identifies the issuer as the source of the shares and classifies the transaction as compensation-based.

What does the Form 144 filing say about Leonardo DRS shares outstanding?

The notice states that 266,026,725 common shares of Leonardo DRS are outstanding. This figure provides context for the planned Rule 144 sale of 1,300 shares but is not itself part of the proposed transaction amount.

On which exchange and through which broker will the DRS shares be sold?

The Form 144 indicates the NASDAQ as the securities exchange for the sale and lists Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, as the broker handling the planned transaction.