Leonardo DRS (NYSE: DRS) director awarded 3,733 RSUs vesting in 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SALZMAN ERIC reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS, Inc. director Eric Salzman received a compensation grant of restricted stock units. He was awarded 3,733 RSUs on May 14, 2026 under the company’s 2022 Omnibus Equity Compensation Plan. Each RSU represents a right to receive one share of common stock and will vest in full on May 14, 2027, as long as he continues serving on the board through that date. Following this grant, he holds 3,733 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SALZMAN ERIC

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 Post-grant RSU holdings: 3,733 units Vesting date: May 14, 2027 +1 more

4 metrics

RSUs granted 3,733 units Restricted stock units awarded May 14, 2026

Post-grant RSU holdings 3,733 units Total RSUs following this transaction

Vesting date May 14, 2027 RSUs vest in full if board service continues

RSU-to-share ratio 1 RSU : 1 share Each RSU equals one Leonardo DRS common share

Key Terms

Restricted Stock Unit, RSU, 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.

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."

vest in full financial

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

Board of Directors financial

"subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 07:43 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^*

SALZMAN ERIC

(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 Eric Salzman?

Leonardo DRS reported that director Eric Salzman received 3,733 restricted stock units as a compensation award. The grant occurred on May 14, 2026 under the company’s 2022 Omnibus Equity Compensation Plan, increasing his direct RSU holdings to 3,733 units.

How many restricted stock units did Eric Salzman receive from Leonardo DRS (DRS)?

Eric Salzman received a grant of 3,733 restricted stock units from Leonardo DRS. These RSUs were awarded on May 14, 2026 and each unit represents a contingent right to receive one share of Leonardo DRS common stock upon vesting.

When do Eric Salzman’s Leonardo DRS (DRS) RSUs vest?

Eric Salzman’s 3,733 restricted stock units will vest in full on May 14, 2027. Vesting is contingent on his continued service as a member of the Leonardo DRS board of directors through that date, making this a time-based compensation award.

What does each Leonardo DRS (DRS) RSU granted to Eric Salzman represent?

Each restricted stock unit granted to Eric Salzman represents a contingent right to receive one share of Leonardo DRS common stock. The shares will be delivered when the RSUs vest, subject to the vesting conditions tied to his ongoing board service.

Under which plan were Eric Salzman’s Leonardo DRS (DRS) RSUs granted?

The 3,733 restricted stock units granted to Eric Salzman were issued under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan governs equity-based awards, including RSUs, used to compensate directors and other eligible participants in company stock.