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Leonardo DRS (DRS) awards 3,733 RSUs to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brothers Louis R Jr

(Last)(First)(Middle)
C/O LEONARDO DRS, INC.
2345 CRYSTAL DRIVE

(Street)
ARLINGTON VIRGINIA 22202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Leonardo DRS, Inc. [ DRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)05/14/2026A3,733 (2) (2)Common Stock3,733$03,733D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer.
2. 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.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Oriana D. Pietrangelo, Attorney-in-Fact05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Leonardo DRS (DRS) shares are tied to Louis R. Brothers Jr’s new RSU grant?

The grant covers 3,733 restricted stock units, each representing one Leonardo DRS common share. If all vesting conditions are met, he can receive 3,733 common shares, aligning his compensation more closely with shareholder outcomes over time.

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.