Dippold Michael 4

What Happened Michael Dippold, Executive Vice President and Chief Financial Officer of Leonardo DRS, sold 16,330 shares on March 16, 2026 at $45.27 per share, generating approximately $739,259 in proceeds. This was a sale (not a purchase) and was executed under a pre-established trading arrangement.

Key Details

• Transaction date: 2026-03-16; Price: $45.27 per share; Shares sold: 16,330; Proceeds: ~$739,259.
• Transaction type/code: Open market or private sale (S).
• Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 (F1).
• Filing: Form 4 filed 2026-03-17 for Period of Report 2026-03-16. No late filing indicated.
• Remarks: Exhibit 24.1 — Power of Attorney noted.

Context Trades made under Rule 10b5-1 plans are pre-arranged and can be executed automatically, so they may not reflect the insider’s current view of the company. For retail investors, insider purchases tend to be more indicative of bullish conviction; sales—especially those under a 10b5-1 plan—are often routine liquidity or portfolio-management actions.