Leonardo DRS, Inc. officer Michael Dippold filed a Form 144 notice of proposed sale of 14,317 shares of common stock, dated November 2, 2026, under a Rule 10b5-1 plan adopted on March 9, 2026.

Key Highlights

  • Proposed sale: 14,317 shares of Leonardo DRS common stock with an aggregate market value of $542,757.47.
  • Broker: Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917.
  • Approximate date of sale: November 2, 2026, on the NASDAQ exchange.
  • Acquisition: The 14,317 shares were acquired on April 1, 2026, via restricted stock vesting from the issuer, as compensation.
  • Shares outstanding: 266,621,085 shares of common stock outstanding, according to the filing.
  • Prior sales: Dippold sold 20,317 shares on September 2, 2026, for gross proceeds of $755,464.05, within the prior three months.
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption date of March 9, 2026.

Michael Dippold's Proposed Common Stock Sale at Leonardo DRS

Michael Dippold, identified in the filing as an officer of Leonardo DRS, Inc. (NASDAQ:DRS), filed a Form 144 notice with the U.S. Securities and Exchange Commission on November 2, 2026, disclosing a proposed sale of 14,317 shares of the company's common stock. According to the filing, the shares carry an aggregate market value of $542,757.47 and are expected to be sold through Fidelity Brokerage Services LLC on or around November 2, 2026.

The filing discloses that the shares to be sold were acquired on April 1, 2026, through a restricted stock vesting transaction from the issuer, with compensation noted as the nature of payment. Leonardo DRS is headquartered at 2345 Crystal Drive, Suite 1000, Arlington, Virginia 22202. The filing states that total shares outstanding of the issuer's common stock number 266,621,085.

As required by Form 144, Dippold's recent sales activity is also disclosed. According to the filing, he sold 20,317 shares of common stock on September 2, 2026, generating gross proceeds of $755,464.05. The filing further notes a Rule 10b5-1 plan adoption date of March 9, 2026, and the notice was signed by Joshua Schmitt as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Michael Dippold.

What Was Disclosed

Officer Michael Dippold filed a Form 144 to propose the sale of 14,317 Leonardo DRS common shares valued at $542,757.47, acquired via restricted stock vesting on April 1, 2026, under a 10b5-1 plan adopted March 9, 2026.