Leonardo DRS, Inc. (DRS) director converts 3,556 RSUs to shares

Rhea-AI Filing Summary

Leonardo DRS, Inc. director Eric Salzman exercised restricted stock units granted as part of his annual equity retainer into common shares. On June 4, 2026, 3,556 RSUs vested and were converted into 3,556 shares of common stock under the company’s 2022 Omnibus Equity Compensation Plan.

Following this compensation-related exercise, Salzman directly holds 15,376 shares of Leonardo DRS common stock. This filing reflects routine equity compensation vesting rather than an open-market purchase or sale of shares.

Insider Trade Summary

3,556 shares exercised/converted

Mixed 2 txns

Insider SALZMAN ERIC

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 — 15,376 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs exercised: 3,556 units Common shares acquired: 3,556 shares Shares held after transaction: 15,376 shares +1 more

4 metrics

RSUs exercised 3,556 units Restricted stock units converted to common stock on June 4, 2026

Common shares acquired 3,556 shares Shares received upon RSU conversion on June 4, 2026

Shares held after transaction 15,376 shares Director Eric Salzman’s direct common stock holdings post-transaction

RSUs remaining from this grant 0 units RSU position for this specific award after June 4, 2026 vesting

Key Terms

Restricted Stock Unit, 2022 Omnibus Equity Compensation Plan, annual retainer fee

3 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan..."

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 RSU was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component..."

annual retainer fee financial

"as part of the equity component of the Reporting Person's annual retainer fee and represents a contingent right..."

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Form 4 Insider Transactions: What Each Field Means →

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)
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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2026		M(1)		3,556	A	$0	15,376	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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)

FAQ

What insider transaction did Leonardo DRS (DRS) disclose for Eric Salzman?

Leonardo DRS reported that director Eric Salzman exercised 3,556 restricted stock units into 3,556 common shares. These RSUs were part of his equity retainer under the 2022 Omnibus Equity Compensation Plan and vested on June 4, 2026.

How many Leonardo DRS (DRS) shares does Eric Salzman own after this Form 4?

After the June 4, 2026 RSU vesting and conversion, director Eric Salzman directly owns 15,376 shares of Leonardo DRS common stock. This reflects his position following the exercise of 3,556 restricted stock units reported in the filing.

Were the Leonardo DRS (DRS) transactions open-market buys or sells?

The transactions were not open-market buys or sells. They represent the exercise and conversion of 3,556 restricted stock units into common shares as part of director Eric Salzman’s equity compensation, with no reported market purchase or sale activity.

What is the source of the RSUs exercised by Leonardo DRS (DRS) director Eric Salzman?

The 3,556 RSUs exercised by director Eric Salzman were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. They formed part of the equity component of his annual retainer fee and vested on June 4, 2026 before converting into common shares.

Does this Leonardo DRS (DRS) Form 4 indicate remaining RSUs from this grant?

For this specific grant, the Form 4 shows 3,556 RSUs converted into 3,556 common shares with zero RSUs remaining. The derivative position tied to this award is fully settled, and no additional units from this particular grant are outstanding after the transaction.