Insider Cluster (2 insiders) ·Filed Mar 16, 2026
Insider cluster: 2 insiders, $1.2M total
Actionable Insight ▼ Bearish
Traders should monitor for potential downward pressure on the stock ahead of the next earnings report; coordinated CFO and GC selling may signal caution about near-term valuation or prospects.
Final — all horizons settled through T+60d
DRS ▲ +2.76% at T+60d
SHORT call ✗ call lost -2.76% · α vs SPY +7.72% · entry $45.30 → $46.55
T+1d
+0.66%
call -0.66% · α -0.39%
$45.60
settled 8mo ago
T+5d
-1.99%
call +1.99% · α -0.06%
$44.40
settled 7mo ago
T+20d
+4.94%
call -4.94% · α -1.17%
$47.54
settled 7mo ago
T+60d
+2.76%
call -2.76% · α +7.72%
$46.55
settled 5mo ago
Price Chart
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Executive Summary
Two Leonardo DRS executives — EVP and GC Mark Dorfman and CFO Michael Dippold — sold shares in a coordinated open-market transaction, realizing $453K and $739K respectively. The total insider selling amounts to $1.19 million, representing a notable cluster of executive exits.
Key Financial Metrics
Direction
selling
Total Value
$1.2M
Insiders
2
Key Facts
- EVP and GC Mark Dorfman sold 10,014 shares at $45.27, totaling $453,333.78 in open-market sale
- CFO Michael Dippold sold 16,330 shares at $45.27, totaling $739,259.10 in open-market sale
- Both transactions occurred on the same day, indicating coordination
- Total value of cluster: $1,192,592.88 in open-market selling by C-suite executives
- No offsetting insider purchases or grants reported in the 7-day window
Financial Impact
$1.19 million in net insider selling by two top executives
insider sentimentinvestor confidence
Risk Factors
- Insider selling can erode investor confidence, especially when concentrated among C-suite executives
- Potential for increased selling pressure if other insiders follow suit
Market Snapshot
Exchange
Nasdaq
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-DRS-1773778769435 |
16 reports for DRS
60% Hit rate @ T+1 Went positive at some point 3 of 5 best @ T+20▲ +19.37%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | Press Release | $34.94 $35.47 | ▲ +1.52% | ▲ +1.23% | $35.90 (+2.75%) |
Sep 17, 2026 5w ago | Press Release | $37.19 $37.95 | ▲ +2.04% | ▲ +0.49% | $35.90 (−3.47%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.94 $36.06 | ▼ −2.38% | ▼ −1.92% | $35.90 (−2.82%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.06 $36.31 | ▲ +0.69% | ▲ +1.29% | $35.90 (−0.44%) |
Jul 30, 2026 12w ago | 8-K | $45.62 $46.05 | ▲ +0.94% | ▲ +0.24% | $35.90 (−21.31%) |
Jul 28, 2026 12w ago | 8-K | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.90 (−27.05%) |
Jul 28, 2026 12w ago | Press Release | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.90 (−27.05%) |
Jun 18, 2026 18w ago | 144 | $44.99 $45.74 | ▲ +1.67% | ▲ +3.12% | $35.90 (−20.20%) |
Jun 11, 2026 19w ago | Institutional Cluster | $49.69 $48.53 | ▼ −2.33% | ▼ −2.88% | $35.90 (−27.75%) |
Jun 9, 2026 19w ago | Insider Cluster | $46.11 $49.69 | ▲ +7.76% | ▲ +6.06% | $35.90 (−22.14%) |
Showing 10 of 16
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