Leonardo DRS (DRS) SVP and Controller sells 12,000 shares in open market
Rhea-AI Filing Summary
Leonardo DRS, Inc. senior vice president and controller Pamela Morrow reported an open-market sale of 12,000 shares of common stock at a weighted average price of $45.20 per share. After this transaction, she holds 6,494 shares of Leonardo DRS common stock directly.
The filing notes that the shares were sold in multiple trades within a price range of $45.15 to $45.225, and the reporting person has offered to provide full trade-level details upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,000 shares
Net Sell
1 txn
Insider
Morrow Pamela
Role
SVP and Controller
Sold
12,000 shs ($542K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $45.20 | $542K |
Holdings After Transaction:
Common Stock — 6,494 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.15 - $45.225, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Leonardo DRS (DRS) report for Pamela Morrow?
Leonardo DRS reported that SVP and Controller Pamela Morrow sold 12,000 shares of common stock in an open-market transaction. The sale was reported on a Form 4 insider filing and reflects a routine disposition of directly held shares.
What does the Form 4 footnote say about Pamela Morrow’s Leonardo DRS trade prices?
The footnote states the reported price is a weighted average and that shares were sold in multiple trades between $45.15 and $45.225. It also notes she will provide detailed trade prices and share amounts upon request to specified parties.
Was Pamela Morrow’s Leonardo DRS (DRS) transaction a buy or sell?
The Form 4 classifies Pamela Morrow’s transaction as an open-market sale of common stock. It uses transaction code “S,” indicating a sale in the open market or a private transaction, and records 12,000 shares sold in total.