Director files proposed sale; DRS (NASDAQ: DRS) shows recent insider sales

Rhea-AI Filing Summary

Filer submitted a Rule 144 notice for proposed resale of common stock. The filing lists scheduled vested restricted shares (639 on 11/29/2024; 3,341 on 03/15/2025; 1,556 on 04/01/2025) and reports prior sales by Mark Dorfman of 10,014 shares on 03/16/2026 (proceeds $453,333.86) and 4,659 shares on 04/02/2026 (proceeds $211,425.42).

Insights

Securities Counsel

Rule 144 notice documents proposed resale and recent insider sales.

The filing records restricted stock vesting dates and proposed resale under Rule 144, and discloses two completed sales by Mark Dorfman: 10,014 shares and 4,659 shares with proceeds shown.

Timing and cash‑flow treatment for the proposed sales are not detailed beyond the listed vesting dates; subsequent filings would report actual sale execution and any issuer receipts if applicable.

Key Figures

Vested restricted shares (11/29/2024): 639 shares Vested restricted shares (03/15/2025): 3,341 shares Vested restricted shares (04/01/2025): 1,556 shares +2 more

5 metrics

Vested restricted shares (11/29/2024) 639 shares Restricted Stock Vesting on <date>11/29/2024</date>

Vested restricted shares (03/15/2025) 3,341 shares Restricted Stock Vesting on <date>03/15/2025</date>

Vested restricted shares (04/01/2025) 1,556 shares Restricted Stock Vesting on <date>04/01/2025</date>

Sale by Mark Dorfman (03/16/2026) 10,014 shares <date>03/16/2026</date> sale; proceeds <money>$453,333.86</money>

Sale by Mark Dorfman (04/02/2026) 4,659 shares <date>04/02/2026</date> sale; proceeds <money>$211,425.42</money>

Key Terms

Restricted Stock Vesting, Rule 144, Proceeds

3 terms

Restricted Stock Vesting regulatory

"Restricted Stock Vesting | Issuer | 639 | 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.

Rule 144 regulatory

"Form type: 144 (notice of proposed sale under Rule 144)"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Proceeds financial

"10014 | 453333.86 (proceeds) and 4659 | 211425.42 (proceeds)"

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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
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	5536	253272.00	266762087	06/04/2026	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	11/29/2024	Restricted Stock Vesting	Issuer			639	11/29/2024	Compensation
Common	03/15/2025	Restricted Stock Vesting	Issuer			3341	03/15/2025	Compensation
Common	04/01/2025	Restricted Stock Vesting	Issuer			1556	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
Mark Dorfman 2345 Crystal Drive Suite 1000 Arlington VA 22202	Common	03/16/2026	10014	453333.86
Mark Dorfman 2345 Crystal Drive Suite 1000 Arlington VA 22202	Common	04/02/2026	4659	211425.42

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for DRS indicate?

The form notifies the SEC of proposed resale of common stock under Rule 144. It lists vested restricted shares on specific dates and prior open‑market sales by Mark Dorfman with share counts and proceeds.

How many shares did Mark Dorfman sell recently according to the filing?

The filing reports two recent sales: 10,014 shares on 03/16/2026 (proceeds $453,333.86) and 4,659 shares on 04/02/2026 (proceeds $211,425.42).

Which vested restricted stock amounts are listed in the DRS filing?

The document lists restricted stock vesting events of 639 shares on 11/29/2024, 3,341 shares on 03/15/2025, and 1,556 shares on 04/01/2025 as compensation.

Does the Form 144 say who receives proceeds from future sales?

The excerpt does not specify proceeds recipients for proposed sales. The filing shows vesting events and prior sales with proceeds, but cash‑flow treatment for future sales is not detailed in the provided text.

Is the filing an offer to sell or a notice under Rule 144?

This filing is a Rule 144 notice indicating intent to resell restricted or control securities. It documents vesting dates and recent sales rather than setting sale terms or price ranges.