DRS director files Form 144 to sell 7,071 shares

DRS filing Form 144 notifies a proposed sale of 7,071 shares of Common Stock tied to restricted stock vesting on 04/01/2025.

Accepted by SEC EDGAR 04/02/2026 - 11:12 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

DRS filing Form 144 notifies a proposed sale of 7,071 shares of Common Stock tied to restricted stock vesting on 04/01/2025. The filing also records recent dispositions by Michael Dippold of 10,588 shares on 01/05/2026 and 16,330 shares on 03/16/2026, with proceeds reported as $391,756.00 and $739,259.10 respectively.

Key Figures

Shares proposed for sale: 7,071 shares Sale by Michael Dippold (01/05/2026): 10,588 shares Sale by Michael Dippold (03/16/2026): 16,330 shares

3 metrics

Shares proposed for sale 7,071 shares Restricted Stock Vesting on 04/01/2025

Sale by Michael Dippold (01/05/2026) 10,588 shares Proceeds reported $391,756.00

Sale by Michael Dippold (03/16/2026) 16,330 shares Proceeds reported $739,259.10

Key Terms

Form 144, Restricted Stock Vesting, Issuer

3 terms

Form 144 regulatory

"144: 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.

Restricted Stock Vesting financial

"Common | 04/01/2025 | 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.

Issuer regulatory

"Restricted Stock Vesting | Issuer | ... | Compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The Form 144 lists a proposed sale of 7,071 shares of Common Stock tied to restricted stock vesting on 04/01/2025. The filing describes the securities as compensation-related and issued by the company.

How many shares did Michael Dippold recently sell for DRS?

Michael Dippold reported selling 10,588 shares on 01/05/2026 and 16,330 shares on 03/16/2026. The filing lists the sale dates, share counts, and proceeds for each transaction.

What proceeds were reported for the recent Dippold transactions in DRS?

Proceeds reported were $391,756.00 for the 10,588-share sale on 01/05/2026 and $739,259.10 for the 16,330-share sale on 03/16/2026, as shown in the filing.

Are the 7,071 shares being sold part of compensation for DRS?

Yes. The excerpt describes the 7,071 shares as tied to Restricted Stock Vesting with an issuer source and the transaction type listed as Compensation dated 04/01/2025.

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 Not now

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	7071	320881.98	265846193	04/02/2026	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	04/01/2025	Restricted Stock Vesting	Issuer			7071	04/01/2025	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 100 Arlington VA 22202	Common	01/05/2026	10588	391756.00
Michael Dippold 2345 Crystal Drive Suite 100 Arlington VA 22202	Common	03/16/2026	16330	739259.10

144: Remarks and Signature

Remarks
Date of Notice	04/02/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/13/2025
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/ Daniel Tucci, 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)