Leonardo DRS (DRS) awards 3,733 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brothers Louis R Jr reported acquisition or exercise transactions in this Form 4 filing.
Leonardo DRS, Inc. reported that director Louis R. Brothers Jr received a grant of 3,733 restricted stock units on May 14, 2026. Each RSU represents a contingent right to receive one share of Leonardo DRS common stock. Following the grant, he holds 3,733 RSUs directly.
The award was granted under the company’s 2022 Omnibus Equity Compensation Plan and is structured as board compensation. The RSUs will vest in full on May 14, 2027, provided he continues to serve as a member of the board through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brothers Louis R Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,733 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,733 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer. The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
Key Figures
RSU grant size: 3,733 units
Post-grant RSU holdings: 3,733 units
Vesting date: May 14, 2027
+2 more
5 metrics
RSU grant size
3,733 units
Restricted stock units granted May 14, 2026
Post-grant RSU holdings
3,733 units
Total RSUs held directly after transaction
Vesting date
May 14, 2027
RSUs vest in full if board service continues
Underlying common shares
3,733 shares
One Leonardo DRS common share per RSU
Exercise price
$0.00 per unit
Compensation grant with no cash exercise price
Key Terms
Restricted Stock Unit, contingent right, 2022 Omnibus Equity Compensation Plan, vest in full, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of the common stock"
2022 Omnibus Equity Compensation Plan financial
"The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan"
vest in full financial
"The RSUs will vest in full on May 14, 2027"
Reporting Person regulatory
"subject to the Reporting Person's continued service as a member of the Issuer's Board"
FAQ
What insider transaction did Leonardo DRS (DRS) report for Louis R. Brothers Jr?
Leonardo DRS reported that director Louis R. Brothers Jr received 3,733 restricted stock units as a grant. The award is part of his board compensation and gives him a contingent right to receive an equal number of common shares at vesting.
When do the new RSUs for Leonardo DRS (DRS) director Louis R. Brothers Jr vest?
The 3,733 restricted stock units granted to Louis R. Brothers Jr will vest in full on May 14, 2027. Vesting is conditioned on his continued service as a member of Leonardo DRS’s board of directors through that vesting date.
Under which plan were the RSUs granted to Leonardo DRS (DRS) director Louis R. Brothers Jr?
The 3,733 restricted stock units were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan governs equity-based awards used to compensate and incentivize directors and other participants with stock-linked interests in the company.
Does the Form 4 show any stock sales by Leonardo DRS (DRS) director Louis R. Brothers Jr?
The Form 4 shows an acquisition of 3,733 restricted stock units and no stock sales. The transaction is a compensation-related grant, not an open-market trade, and reflects a routine equity award for board service at Leonardo DRS.