DRS (NASDAQ: DRS) broker lists proposed sale of 1,300 shares
Rhea-AI Filing Summary
DRS submitted a Form 144 notice listing a proposed sale of 1,300 shares of Common Stock tied to a Restricted Stock Vesting event dated 11/29/2024. The filing also records a past sale by Sally Wallace of 28,960 shares on 04/02/2026 for $1,342,349.38.
Positive
- None.
Negative
- None.
Insights
Notice lists a broker-led resale and a recent insider disposition.
The filing names Fidelity Brokerage Services LLC as the selling broker for 1,300 shares dated 06/11/2026 and ties those shares to a Restricted Stock Vesting dated 11/29/2024. This indicates the shares originated from compensation.
Separately, the record shows Sally Wallace sold 28,960 shares on 04/02/2026 for $1,342,349.38. Review of settlement method, any holding-period conditions, and broker instructions would appear in the full filing.