Leonardo DRS (DRS) director exercises 3,556 RSUs into common stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Leonardo DRS, Inc. director Casey George exercised restricted stock units to acquire additional shares. On June 4, 2026, 3,556 restricted stock units granted under the company’s 2022 Omnibus Equity Compensation Plan converted into 3,556 shares of common stock as part of the equity portion of his annual board retainer. Following this vesting and conversion, George holds 32,376 shares of Leonardo DRS common stock directly, and no sale or tax-withholding transaction is reported in this filing.

Insider Trade Summary

3,556 shares exercised/converted

Mixed 2 txns

Insider Casey George

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	3,556	$0.00	--
Exercise	Common Stock	3,556	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 32,376 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs exercised: 3,556 shares Shares acquired: 3,556 shares Holdings after transaction: 32,376 shares +2 more

5 metrics

RSUs exercised 3,556 shares Restricted Stock Units converted into common stock on June 4, 2026

Shares acquired 3,556 shares Common stock received from RSU conversion

Holdings after transaction 32,376 shares Total Leonardo DRS common stock directly owned by Casey George after conversion

Exercise price per RSU $0.00 per unit Reported transaction price and conversion price for RSUs

Derivative exercises 1 transaction, 3,556 shares Summary exerciseCount and exerciseShares for this Form 4

Key Terms

Restricted Stock Unit, 2022 Omnibus Equity Compensation Plan, annual retainer fee, contingent right, +1 more

5 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee"

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.

2022 Omnibus Equity Compensation Plan financial

"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component"

annual retainer fee financial

"granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee"

contingent right financial

"represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof"

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:13 PM

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^*

Casey George

(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)
06/04/2026

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)
Common Stock	06/04/2026		M⁽¹⁾		3,556	A	$0	32,376	D

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⁾	06/04/2026		M			3,556	⁽¹⁾	⁽¹⁾	Common Stock	3,556	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs vested on June 4, 2026.

Remarks:

	/s/ Oriana D. Pietrangelo, Attorney-In-Fact	06/05/2026
	** 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) director Casey George report?

Director Casey George reported the vesting and exercise of 3,556 restricted stock units into 3,556 shares of Leonardo DRS common stock. The units were part of the equity component of his annual retainer under the 2022 Omnibus Equity Compensation Plan.

How many Leonardo DRS (DRS) shares did Casey George acquire in this Form 4?

Casey George acquired 3,556 shares of Leonardo DRS common stock through the exercise of 3,556 restricted stock units. The transaction was coded as an option or derivative exercise, with no reported sales or tax-withholding dispositions in this filing.

What is the source of the restricted stock units reported by Casey George at Leonardo DRS (DRS)?

The restricted stock units were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan as part of the equity component of Casey George’s annual retainer fee. Each RSU represents a contingent right to receive one share of common stock or its cash equivalent upon vesting.

When did Casey George’s restricted stock units vest at Leonardo DRS (DRS)?

The restricted stock units vested on June 4, 2026, triggering their conversion into common shares. On that date, 3,556 RSUs converted into 3,556 shares of Leonardo DRS common stock, as disclosed in the Form 4 insider transaction filing.

How many Leonardo DRS (DRS) shares does Casey George own after this transaction?

After the RSU conversion, Casey George directly owns 32,376 shares of Leonardo DRS common stock. This figure reflects his position following the acquisition of 3,556 shares from vested restricted stock units reported in the Form 4 filing.

Did Casey George sell any Leonardo DRS (DRS) shares in this Form 4 filing?

No sales are reported in this Form 4. The filing only shows the exercise and conversion of 3,556 restricted stock units into common shares, with no corresponding sale, gift, or tax-withholding disposition transactions disclosed.