DRS CLUSTER SEC Filing Analysis

Final — all horizons settled through T+60d

DRS ▲ +2.76% at T+60d

SHORT call ✗ call lost -2.76% · α vs SPY +7.72% · entry $45.30 → $46.55

Currently $48.53 · -7.13% from $45.30 entry (call sign-flipped)

Entry anchored
Mar 13, 03:59 PM ET
via Databento tick

T+1d

+0.66%

call -0.66% · α -0.39%

$45.60

settled 3mo ago

T+5d

-1.99%

call +1.99% · α -0.06%

$44.40

settled 3mo ago

T+20d

+4.94%

call -4.94% · α -1.17%

$47.54

settled 2mo ago

T+60d

+2.76%

call -2.76% · α +7.72%

$46.55

settled 4d ago

Price Chart

Loading chart...

Executive Summary

Two Leonardo DRS executives — EVP and GC Mark Dorfman and CFO Michael Dippold — sold shares in a coordinated open-market transaction, realizing $453K and $739K respectively. The total insider selling amounts to $1.19 million, representing a notable cluster of executive exits.

Key Financial Metrics

Direction

selling

Total Value

$1.2M

Insiders

2

Actionable Insight

Traders should monitor for potential downward pressure on the stock ahead of the next earnings report; coordinated CFO and GC selling may signal caution about near-term valuation or prospects.

Key Facts

EVP and GC Mark Dorfman sold 10,014 shares at $45.27, totaling $453,333.78 in open-market sale
CFO Michael Dippold sold 16,330 shares at $45.27, totaling $739,259.10 in open-market sale
Both transactions occurred on the same day, indicating coordination
Total value of cluster: $1,192,592.88 in open-market selling by C-suite executives
No offsetting insider purchases or grants reported in the 7-day window

Financial Impact

$1.19 million in net insider selling by two top executives

insider sentimentinvestor confidence

Risk Factors

Insider selling can erode investor confidence, especially when concentrated among C-suite executives
Potential for increased selling pressure if other insiders follow suit

Market Snapshot

Exchange

Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)	cluster-DRS-1773778769435

8 reports for DRS

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for DRS — sortable, filterable
	Type				Now
Jun 11, 2026 1d ago	Institutional Cluster MIXED ★ 4/10	$47.96 awaiting T+20	awaiting T+20	—	$48.53 (+1.19%)
Jun 9, 2026 3d ago	Insider Cluster NEUTRAL ★ 3/10	$47.37 awaiting T+20	awaiting T+20	—	$48.53 (+2.45%)
May 5, 2026 5w ago	8-K BULLISH ★ 7/10	$39.70 $47.39	▲ +19.37%	▲ +14.42%	$48.53 (+22.24%)
Apr 3, 2026 10w ago	DEFA14A NEUTRAL ★ 3/10	$46.73 $40.00	▼ −14.40%	▼ −23.38%	$48.53 (+3.85%)
Apr 2, 2026 10w ago	144 NEUTRAL ★ 3/10	$46.30 $40.63	▼ −12.25%	▼ −22.12%	$48.53 (+4.82%)
Apr 1, 2026 10w ago	3 NEUTRAL ★ 2/10	$46.30 $40.63	▼ −12.25%	▼ −22.12%	$48.53 (+4.82%)
Mar 16, 2026 12w ago	Insider Cluster BEARISH ★ 6/10	$45.30 $47.54	▼ −4.94%	▼ −1.17%	$48.53 (−7.13%)
Mar 3, 2026 14w ago	Insider Cluster NEUTRAL ★ 4/10	$45.42 $44.52	▼ −1.99%	▲ +2.41%	$48.53 (+6.84%)

US Market Status

Market Closed — Opens Mon (47h 3m)

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access