Trade Summary
2 days ago, Dippold Michael, serving as EVP, CFO at Leonardo Drs, Inc. (DRS), sold 16,330 shares at $45.27 per share, for a total transaction value of $739,259.00. Following this transaction, Dippold Michael now holds 26,622 shares of DRS.
This sale represents a 38.00% decrease in Dippold Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, March 16, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 17, 2026, 1 day after the trade was made.
Leonardo Drs, Inc. operates in the INDUSTRIALS sector, specifically within the AEROSPACE & DEFENSE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.