Dorfman Mark 4

What Happened Mark Dorfman, EVP, General Counsel and Secretary of Leonardo DRS (DRS), sold 10,014 shares on March 16, 2026. The shares were disposed at $45.27 per share for total proceeds of approximately $453,334. The Form 4 lists the transaction as an open-market or private sale (code S) and notes the sale was effected under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-03-16; Price per share: $45.27; Shares sold: 10,014; Proceeds: ~$453,334.
• Report filed: Form 4 submitted 2026-03-17 (appears timely).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted June 13, 2025.
• Other: Filing includes Exhibit 24.1 (Power of Attorney).

Context Sales executed under a 10b5-1 plan are prearranged trades and are often routine; they do not necessarily reflect the insider’s current view of the company. For retail investors, purchases typically carry more informational weight than planned sales. This report shows a single routine sale by a senior executive, not an acquisition or option exercise.