STOCK TITAN

Leonardo DRS officer files notice to sell 7,471 shares

Officer Mark Dorfman filed a Rule 144 notice covering 7,471 Leonardo DRS shares, following recent sales of 5,536 shares for $253,272.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Leonardo DRS, Inc. (DRS) is the issuer of common stock that Mark Dorfman, an officer, has filed a notice to potentially sell under Rule 144. The filing covers 7,471 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $276,501.71 as of the stated sale date.

The shares relate to vested restricted stock awards of 4,267 shares dated April 1, 2024 and 3,204 shares dated November 29, 2024, both described as compensation from the issuer. The notice also reports that in the past three months, Dorfman sold 5,536 shares of Leonardo DRS common stock for proceeds of $253,272.00.

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Shares covered by Rule 144 notice 7,471 shares Common stock of Leonardo DRS associated with this Form 144
Aggregate market value of shares in notice $276,501.71 Market value of 7,471 Leonardo DRS shares as of the stated sale date
Restricted stock vesting April 1, 2024 4,267 shares Leonardo DRS restricted stock vesting reported as compensation
Restricted stock vesting November 29, 2024 3,204 shares Leonardo DRS restricted stock vesting reported as compensation
Shares sold in past three months 5,536 shares Leonardo DRS common stock sold on June 4, 2026
Proceeds from past three months sales $253,272.00 Total proceeds from 5,536 shares sold on June 4, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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.
restricted stock vesting financial
"Common | 04/01/2024 | Restricted Stock Vesting | Issuer"
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.
attorney-in-fact regulatory
"as attorney-in-fact for Mark Dorfman"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate market value financial
"7471 | 276501.71 | 266891515"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose for Leonardo DRS, Inc. (DRS)?

It discloses that officer Mark Dorfman has filed a notice under Rule 144 to potentially sell 7,471 shares of Leonardo DRS common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $276,501.71 as of the stated sale date.

How many Leonardo DRS (DRS) shares are covered by this Form 144 notice?

The notice covers 7,471 shares of Leonardo DRS common stock. These shares are associated with restricted stock that vested in two tranches of 4,267 and 3,204 shares, both identified as compensation from the issuer.

What prior sales of Leonardo DRS (DRS) stock does the Form 144 report?

The filing reports that in the past three months, 5,536 shares of Leonardo DRS common stock were sold on June 4, 2026, for total proceeds of $253,272.00 by Mark Dorfman.

What is the origin of the Leonardo DRS (DRS) shares being sold under Rule 144?

The shares come from restricted stock vesting granted as compensation by Leonardo DRS. One vesting of 4,267 shares is dated April 1, 2024, and another of 3,204 shares is dated November 29, 2024.

Who is acting on behalf of Mark Dorfman in this Leonardo DRS (DRS) Form 144?

The notice is signed by Daniel Tucci as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Mark Dorfman in connection with this Rule 144 filing.

On which market are the Leonardo DRS (DRS) shares in this Form 144 listed?

The common stock referenced in the filing is listed on NASDAQ, as indicated in the securities information section of the Form 144 notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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