Leonardo DRS (NASDAQ: DRS) EVP sells 3,864 shares under 10b5-1 plan
Rhea-AI Filing Summary
Leonardo DRS, Inc. executive Jason Rinsky, EVP Chief Tax and Treasury, reported selling 3,864 shares of common stock on 2026-08-04 at $45.81 per share. The transaction was effected under a Rule 10b5-1 trading plan adopted on March 4, 2026, leaving him with 23,581 shares held directly.
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Insider Trade Summary 10b5-1
Net Seller: 3,864 shares
Net Sell
1 txn
Insider
Rinsky Jason
Role
EVP Chief Tax and Treasury
Sold
3,864 shs ($177K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,864 | $45.81 | $177K |
Holdings After Transaction:
Common Stock — 23,581 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2026.
Key Figures
Shares sold: 3,864 shares
Sale price per share: $45.81
Shares owned after transaction: 23,581 shares
+1 more
4 metrics
Shares sold
3,864 shares
Common Stock sale on 2026-08-04
Sale price per share
$45.81
Per-share price for the 3,864-share sale
Shares owned after transaction
23,581 shares
Direct ownership following the reported sale
Net insider selling
3,864 shares
Net buy/sell shares in transaction summary
Key Terms
Rule 10b5-1 trading plan, Sale in open market or private transaction, EVP Chief Tax and Treasury
3 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Sale in open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
EVP Chief Tax and Treasury other
"Reporting person serves as EVP Chief Tax and Treasury"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Leonardo DRS (DRS) executive Jason Rinsky report?
EVP Chief Tax and Treasury Jason Rinsky reported a sale of 3,864 shares of Leonardo DRS common stock on 2026-08-04. The sale was reported as a non-derivative transaction in common stock and left him with a continued direct ownership position.
Was Jason Rinsky’s Leonardo DRS (DRS) stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jason Rinsky on March 4, 2026. Such plans allow pre-arranged trading according to predetermined instructions.
What is Jason Rinsky’s role at Leonardo DRS (DRS) mentioned in the Form 4?
Jason Rinsky is identified as an officer of Leonardo DRS, serving as EVP Chief Tax and Treasury. The Form 4 indicates he is not a director and not a ten percent owner, but reports transactions in his officer capacity.
Does the Leonardo DRS (DRS) Form 4 indicate net insider buying or selling by Jason Rinsky?
The Form 4 shows net selling of 3,864 shares by Jason Rinsky. Transaction summary data lists one sale transaction, total sell shares of 3,864, and a net buy/sell direction classified as “net-sell.”