Insider Cluster (2 insiders) ·Filed Sep 8, 2026
Insider cluster: 2 insiders, $1.0M total
Actionable Insight • Neutral
Monitor for any upcoming earnings or material news that could explain the timing, but do not treat this as a strong bearish signal on its own.
Latest settled — T+20d
DRS ▼ -0.78% at T+20d
NEUTRAL call -0.78% · α vs SPY -2.72% · entry $36.06 → $35.78
Latest observation: T+32 +12.20% FF3 residual α
T+1d
+0.69%
call +0.69% · α +1.29%
$36.31
settled 7w ago
T+5d
+2.86%
call +2.86% · α +3.95%
$37.09
settled 6w ago
T+20d
-0.78%
call -0.78% · α -2.72%
$35.78
settled 21d ago
T+60d
Pending
in 5w
Price Chart
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Executive Summary
Two senior executives at Leonardo DRS (EVP/GC and EVP/CFO) sold a combined $1.03M in open-market sales over a one-week window. The CFO's sale of $755K is the larger of the two.
Key Financial Metrics
Direction
selling
Total Value
$1.0M
Insiders
2
Key Facts
- EVP and CFO Michael Dippold sold 20,317 shares at $37.18 for $755,386 on 2026-09-02
- EVP, GC and Secretary Mark Dorfman sold 7,500 shares at $37.01 for $277,575 on 2026-09-04
- Total insider sales cluster value: approximately $1.03 million
- Both transactions were open-market sales (code S) with no indication of 10b5-1 plans
Financial Impact
Total insider sales of $1.03M represent a very small fraction of market cap (likely <0.1%), well below the threshold for material concern
insider ownership
Risk Factors
- Insider sales by two senior executives in a short window could indicate private concerns about valuation or upcoming headwinds
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DRS-1788926609195 |
16 reports for DRS
50% Hit rate @ T+1 Went positive at some point 4 of 6 best @ T+20▲ +19.37%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | Press Release | $34.94 $35.47 | ▲ +1.52% | ▲ +1.23% | $35.99 (+3.01%) |
Sep 17, 2026 5w ago | Press Release | $37.19 $37.95 | ▲ +2.04% | ▲ +0.49% | $35.99 (−3.23%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.94 $36.06 | ▼ −2.38% | ▼ −1.92% | $35.99 (−2.57%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.06 $36.31 | ▲ +0.69% | ▲ +1.29% | $35.99 (−0.19%) |
Jul 30, 2026 12w ago | 8-K | $45.62 $46.05 | ▲ +0.94% | ▲ +0.24% | $35.99 (−21.11%) |
Jul 28, 2026 13w ago | 8-K | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.99 (−26.86%) |
Jul 28, 2026 13w ago | Press Release | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.99 (−26.86%) |
Jun 18, 2026 18w ago | 144 | $44.99 $45.74 | ▲ +1.67% | ▲ +3.12% | $35.99 (−20.00%) |
Jun 11, 2026 19w ago | Institutional Cluster | $49.69 $48.53 | ▼ −2.33% | ▼ −2.88% | $35.99 (−27.57%) |
Jun 9, 2026 20w ago | Insider Cluster | $46.11 $49.69 | ▲ +7.76% | ▲ +6.06% | $35.99 (−21.95%) |
Showing 10 of 16
US Market Status
Market Closed — Opens Thu (11h 31m)
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