Leonardo DRS (DRS) director awarded 3,733 RSUs as equity pay

Q: What insider transaction did Leonardo DRS (DRS) report for director Gail Baker?

Leonardo DRS reported that director Gail Baker received a grant of 3,733 restricted stock units on May 14, 2026. This is a non-cash equity award that can convert into the company’s common shares if vesting conditions are met.

Q: How many restricted stock units did Gail Baker receive from Leonardo DRS (DRS)?

Gail Baker received 3,733 restricted stock units (RSUs) from Leonardo DRS. Each RSU is a right to receive one share of common stock, subject to vesting, aligning her compensation with long-term shareholder interests.

Q: When do Gail Baker’s Leonardo DRS (DRS) RSUs vest?

The 3,733 RSUs granted to Gail Baker vest in full on May 14, 2027 . Vesting is contingent on her continued service as a member of Leonardo DRS’s Board of Directors through that date, according to the filing footnotes.

Q: What does each Leonardo DRS (DRS) RSU granted to Gail Baker represent?

Each RSU granted to Gail Baker represents a contingent right to receive one share of Leonardo DRS common stock. The units convert into shares only after vesting, providing equity-based compensation without an immediate cash transaction.

Q: Under which plan were Gail Baker’s Leonardo DRS (DRS) RSUs granted?

The RSU grant to Gail Baker was made under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan . This plan authorizes the company to issue equity awards, such as RSUs, to directors and others as part of their compensation packages.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Baker Gail reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS, Inc. director Gail Baker received a grant of 3,733 restricted stock units (RSUs) on May 14, 2026 as equity compensation. Each RSU represents a contingent right to receive one share of Leonardo DRS common stock. These RSUs will vest in full on May 14, 2027, provided she continues serving on the company’s Board of Directors through that date. Following this grant, her directly held RSU balance reported in this filing is 3,733 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Baker Gail

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

RSUs granted: 3,733 units RSU vesting date: May 14, 2027 RSUs following transaction: 3,733 units +1 more

4 metrics

RSUs granted 3,733 units Restricted Stock Units granted on May 14, 2026

RSU vesting date May 14, 2027 Full vesting contingent on continued Board service

RSUs following transaction 3,733 units Total directly held RSUs after the award

Underlying common shares 3,733 shares Each RSU represents one share of common stock

Key Terms

Restricted Stock Unit, RSU, 2022 Omnibus Equity Compensation Plan, vesting

4 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.

RSU financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

2022 Omnibus Equity Compensation Plan financial

"The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan."

vesting financial

"The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 07:39 AM

SEC Form 4

FORM 4

UNITED 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^*

Baker Gail

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	05/14/2026		A		3,733		⁽²⁾	⁽²⁾	Common Stock	3,733	$0	3,733	D

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-Fact	05/18/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Leonardo DRS (DRS) report for director Gail Baker?

Leonardo DRS reported that director Gail Baker received a grant of 3,733 restricted stock units on May 14, 2026. This is a non-cash equity award that can convert into the company’s common shares if vesting conditions are met.

How many restricted stock units did Gail Baker receive from Leonardo DRS (DRS)?

Gail Baker received 3,733 restricted stock units (RSUs) from Leonardo DRS. Each RSU is a right to receive one share of common stock, subject to vesting, aligning her compensation with long-term shareholder interests.

When do Gail Baker’s Leonardo DRS (DRS) RSUs vest?

The 3,733 RSUs granted to Gail Baker vest in full on May 14, 2027. Vesting is contingent on her continued service as a member of Leonardo DRS’s Board of Directors through that date, according to the filing footnotes.

What does each Leonardo DRS (DRS) RSU granted to Gail Baker represent?

Each RSU granted to Gail Baker represents a contingent right to receive one share of Leonardo DRS common stock. The units convert into shares only after vesting, providing equity-based compensation without an immediate cash transaction.

Under which plan were Gail Baker’s Leonardo DRS (DRS) RSUs granted?

The RSU grant to Gail Baker was made under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan authorizes the company to issue equity awards, such as RSUs, to directors and others as part of their compensation packages.

How many Leonardo DRS (DRS) RSUs does Gail Baker hold after this grant?

After this grant, the filing shows Gail Baker directly holding 3,733 restricted stock units. These units are tied to Leonardo DRS common stock and will become shares if they vest and any plan requirements are satisfied.