STOCK TITAN

DRS (NASDAQ: DRS) broker lists proposed sale of 1,300 shares

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

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.

Proposed shares to be sold 1,300 shares Securities To Be Sold; Restricted Stock Vesting 11/29/2024
Broker entry amount 65000.00 Listed adjacent to broker Fidelity Brokerage Services LLC (value as shown in excerpt)
Sally Wallace sale 28,960 shares Securities Sold During The Past 3 Months on 04/02/2026
Proceeds reported for past sale $1,342,349.38 Sally Wallace sale on 04/02/2026
Filing date shown 06/11/2026 Date listed next to broker entry and NASDAQ
Restricted Stock Vesting regulatory
"Restricted Stock Vesting | Issuer | 11/29/2024"
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
"form_type: "144" and header lines referencing securities to be sold"
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.
Securities Sold During The Past 3 Months regulatory
"Securities Sold During The Past 3 Months | Sally Wallace | 04/02/2026"
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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 DRS's Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 1,300 common shares associated with a Restricted Stock Vesting dated 11/29/2024. The broker listed is Fidelity Brokerage Services LLC with an entry dated 06/11/2026.

Who sold shares recently according to the filing for DRS?

The filing records that Sally Wallace sold 28,960 shares on 04/02/2026 for $1,342,349.38. That transaction is listed under "Securities Sold During The Past 3 Months."

Are the 1,300 shares linked to compensation for DRS?

Yes. The entry labels the 1,300 shares with "Restricted Stock Vesting" and classifies the source as Issuer and the purpose as Compensation, dated 11/29/2024.

What market/exchange is shown on the Form 144 for DRS?

The excerpt lists NASDAQ in the securities section alongside the broker entry. The broker address shown is Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI.