Dippold Michael 4

What Happened
Michael Dippold, EVP and Chief Financial Officer of Leonardo DRS (DRS), sold 8,318 shares on June 8, 2026 at $46.48 per share, generating proceeds of $386,621. The sale was reported as an open-market transaction and was effected pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-06-08, 8,318 shares at $46.48 each (total $386,621).
• Transaction type: Sale (reported open-market sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale executed under a 10b5-1 trading plan adopted March 9, 2026.
• Filing date: Form 4 filed 2026-06-09 (one day after the transaction) — appears timely; no late-filing indication in the excerpt.

Context
Sales under Rule 10b5-1 plans are prearranged and often routine, allowing insiders to sell shares on a schedule and not necessarily signaling a change in sentiment. For retail investors, purchases tend to be more informative about insider confidence; routine sales like this are common for diversification or liquidity needs.