Mark Dorfman reports resale of shares (NASDAQ: DRS) in Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Mark Dorfman reported proposed resale activity in a Form 144 covering Common stock, including a listed block of 4,659 shares tied to restricted stock vesting dated 04/01/2025. The filing also lists prior sales of 7,680 shares on 01/05/2026 for $284,160 and 10,014 shares on 03/16/2026 for $453,333.78.
Positive
- None.
Negative
- None.
Key Figures
Proposed resale quantity: 4,659 shares
Sale on 01/05/2026: 7,680 shares
Sale on 03/16/2026: 10,014 shares
+1 more
4 metrics
Proposed resale quantity
4,659 shares
Restricted Stock Vesting dated 04/01/2025
Sale on 01/05/2026
7,680 shares
Proceeds $284,160
Sale on 03/16/2026
10,014 shares
Proceeds $453,333.78
Selling broker listed
Fidelity Brokerage Services LLC
Broker entry associated with the Common stock line
Key Terms
Form 144, Restricted Stock Vesting, Selling Broker, Proceeds
4 terms
Form 144 regulatory
"Filer Information | 144: Filer Information"
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.
Selling Broker market
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"
Proceeds financial
"7680 | 284160.00 ... 10014 | 453333.78"
FAQ
What does Mark Dorfman's Form 144 for DRS disclose?
It discloses a proposed resale of Common stock including 4,659 shares linked to restricted stock vesting on 04/01/2025. It also lists sales of 7,680 and 10,014 shares in early 2026.
What proceeds were reported for Dorfman's recent sales?
Proceeds shown include $284,160 for the 7,680-share sale and $453,333.78 for the 10,014-share sale, as listed in the filing for the respective trade dates.
Who is the selling broker reported in the Form 144?
The Form names Fidelity Brokerage Services LLC with an indicated quantity of 4,659 shares in the securities information section tied to the Common stock entry.