Leonardo DRS CFO Michael Dippold Sells 20,317 Shares

What Happened

• Michael Dippold, Executive Vice President and Chief Financial Officer of Leonardo DRS, sold 20,317 shares on September 2, 2026. The transaction generated roughly $755,386 based on a weighted average price of $37.18 per share. The sale was executed as multiple transactions at prices ranging from $36.880 to $37.630.

Key Details

• Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04).
• Transaction type: Sale (open-market or private sale reported as "S"); multiple trades aggregated to a weighted average price of $37.18.
• Gross proceeds: Approximately $755,386.
• Price range: $36.880 – $37.630 (weighted average $37.18). The filer offers to provide a breakdown of shares sold at each price upon request.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 — Sales effected pursuant to a Rule 10b5-1 trading plan adopted March 9, 2026. F2 — Weighted average price with multiple execution prices; detailed breakdown available on request.
• Timeliness: Filing appears timely (Form 4 filed within two business days of the reported transaction).

Context

• This sale was made under a pre-established Rule 10b5-1 trading plan, which typically means the trades were prearranged and scheduled, reducing the likelihood they reflect a contemporaneous view of the company. For retail investors, purchases by insiders can be a stronger signal than planned sales; this filing documents a routine, pre-planned disposition rather than an opportunistic trade disclosed as part of an ad hoc transaction.