The insider sales are too small relative to market cap to carry any informational content. Monitor the next 10-Q for any operational or guidance changes, but this cluster alone does not warrant a trade.
Price Chart
Executive Summary
Two senior executives at Leonardo DRS (CFO and GC) sold a combined $1.03M in open-market sales over a 3-day window, while a director made a non-cash gift. The sales total ~0.01% of the $9.6B market cap, falling well below the 0.1% materiality threshold. The sales are routine in size and likely liquidity-driven, not informational — no bearish signal here.
Key Financial Metrics
Key Facts
- CFO Michael Dippold sold 20.3K shares at $37.18 for $755K on 2026-09-02
- EVP/GC Mark Dorfman sold 7.5K shares at $37.01 for $277K on 2026-09-04
- Director Kenneth Krieg gifted 3,700 shares ($0 value) on 2026-09-09
- Total open-market sales of $1.03M represent ~0.01% of $9.6B market cap
- No 10b5-1 plan noted; sales are small relative to market cap and executive holdings
Financial Impact
Open-market sales of $1.03M by CFO and GC, representing ~0.01% of market cap — immaterial
Risk Factors
- Insider sales, while small, could precede a broader sell-off if followed by larger sales from C-suite
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DRS-1789106870498 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | Press Release | $34.94 $35.47 | ▲ +1.52% | ▲ +1.23% | $35.94 (+2.86%) |
Sep 17, 2026 5w ago | Press Release | $37.19 $37.95 | ▲ +2.04% | ▲ +0.49% | $35.94 (−3.36%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.94 $36.06 | ▼ −2.38% | ▼ −1.92% | $35.94 (−2.71%) |
Sep 8, 2026 7w ago | Insider Cluster | $36.06 $36.31 | ▲ +0.69% | ▲ +1.29% | $35.94 (−0.33%) |
Jul 30, 2026 12w ago | 8-K | $45.62 $46.05 | ▲ +0.94% | ▲ +0.24% | $35.94 (−21.22%) |
Jul 28, 2026 13w ago | 8-K | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.94 (−26.97%) |
Jul 28, 2026 13w ago | Press Release | $49.21 $46.54 | ▼ −5.43% | ▼ −3.89% | $35.94 (−26.97%) |
Jun 18, 2026 18w ago | 144 | $44.99 $45.74 | ▲ +1.67% | ▲ +3.12% | $35.94 (−20.12%) |
Jun 11, 2026 19w ago | Institutional Cluster | $49.69 $48.53 | ▼ −2.33% | ▼ −2.88% | $35.94 (−27.67%) |
Jun 9, 2026 19w ago | Insider Cluster | $46.11 $49.69 | ▲ +7.76% | ▲ +6.06% | $35.94 (−22.06%) |
US Market Status
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