Leonardo DRS EVP and CFO Michael Dippold sells $542,757 in stock

Leonardo DRS EVP and CFO Michael Dippold sold $542,757 worth of the company's shares on November 2, 2026, according to wire material. The sale involved 14,317 shares, each priced at $37.91. The transaction was conducted in line with a previously adopted Rule 10b5-1 trading plan by Dippold, dating back to March 9, 2026. At the time of the sale, DRS shares were trading at $38.86, reflecting a 14.7% increase year-to-date.

Despite this recent climb, the stock appears overvalued, according to InvestingPro analysis, landing it on the Most Overvalued list. Post-sale, Dippold still holds 20,826 shares of Leonardo DRS common stock. Investors can delve further into the company's valuation and performance via an InvestingPro Pro Research Report. Meanwhile, Leonardo DRS recently reported an impressive Q3 fiscal 2026, beating expectations with adjusted diluted EPS at $0.46 and revenue of $1.1 billion, marking an 11% increase year-over-year.

Adjusted EBITDA surged 27% to $149 million, and bookings topped $1.6 billion. Management has responded by raising full-year guidance for revenue, adjusted EBITDA, and EPS, all of which have been positively received in the market.