Leonardo DRS (DRS) SVP and Controller sells 12,000 shares in open market

Rhea-AI Filing Summary

Leonardo DRS, Inc. senior vice president and controller Pamela Morrow reported an open-market sale of 12,000 shares of common stock at a weighted average price of $45.20 per share. After this transaction, she holds 6,494 shares of Leonardo DRS common stock directly.

The filing notes that the shares were sold in multiple trades within a price range of $45.15 to $45.225, and the reporting person has offered to provide full trade-level details upon request.

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

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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^*

Morrow Pamela

(Last) (First) (Middle)

C/O LEONARDO DRS, INC.

2345 CRYSTAL DRIVE

(Street)

ARLINGTON VA 22202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Leonardo DRS, Inc. [ DRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Controller

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		S		12,000	D	$45.2(1)	6,494	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.15 - $45.225, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Oriana D. Pietrangelo, Attorney-In-Fact	03/04/2026
	** 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.

FAQ

What insider transaction did Leonardo DRS (DRS) report for Pamela Morrow?

Leonardo DRS reported that SVP and Controller Pamela Morrow sold 12,000 shares of common stock in an open-market transaction. The sale was reported on a Form 4 insider filing and reflects a routine disposition of directly held shares.

At what price did Pamela Morrow sell Leonardo DRS (DRS) shares?

Pamela Morrow sold 12,000 shares of Leonardo DRS common stock at a weighted average price of $45.20 per share. The footnote explains the trades occurred between $45.15 and $45.225 across multiple individual transactions.

How many Leonardo DRS (DRS) shares does Pamela Morrow own after the sale?

After the reported open-market sale, Pamela Morrow directly holds 6,494 shares of Leonardo DRS common stock. This post-transaction holding amount is disclosed in the Form 4 as the total shares owned following the completion of the sale.

What does the Form 4 footnote say about Pamela Morrow’s Leonardo DRS trade prices?

The footnote states the reported price is a weighted average and that shares were sold in multiple trades between $45.15 and $45.225. It also notes she will provide detailed trade prices and share amounts upon request to specified parties.

Was Pamela Morrow’s Leonardo DRS (DRS) transaction a buy or sell?

The Form 4 classifies Pamela Morrow’s transaction as an open-market sale of common stock. It uses transaction code “S,” indicating a sale in the open market or a private transaction, and records 12,000 shares sold in total.