Director sale notice — DRS (NASDAQ: DRS) plans to sell 7,071 shares
Filing Impact
Filing Sentiment
Form Type
144
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.
Positive
- None.
Negative
- None.
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
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.