Leonardo DRS (NYSE: DRS) director gains 3,556 shares via RSU vesting

Rhea-AI Filing Summary

Leonardo DRS, Inc. director Kenneth J. Krieg converted restricted stock units into common shares as part of his equity compensation. He exercised 3,556 RSUs into an equal number of common shares at a stated price of $0.00 per share.

The RSUs were granted under the company’s 2022 Omnibus Equity Compensation Plan as the equity portion of his annual retainer fee and vested on June 4, 2026. Following this vesting and conversion, Krieg directly holds 31,276 shares of Leonardo DRS common stock, with no open-market purchases or sales reported in this filing.

Insider Trade Summary

3,556 shares exercised/converted

Mixed 2 txns

Insider Krieg Kenneth J

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 — 31,276 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs converted: 3,556 shares Post-transaction holdings: 31,276 shares Exercise price: $0.00 per share +2 more

5 metrics

RSUs converted 3,556 shares Restricted Stock Units converted to common stock

Post-transaction holdings 31,276 shares Common stock directly held after Form 4 transactions

Exercise price $0.00 per share Stated transaction price for RSU conversion

Transaction count 2 entries One non-derivative common stock entry, one derivative RSU entry

Exercise shares summary 3,556 shares transactionSummary exerciseShares for derivative exercises

Key Terms

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

5 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit" and contingent right to receive one share of common stock"

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 was granted under the Issuer's 2022 Omnibus Equity Compensation Plan"

annual retainer fee financial

"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"

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" with transaction code M"

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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^*

Krieg Kenneth J

(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	31,276	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) director Kenneth J. Krieg report?

Kenneth J. Krieg reported exercising 3,556 restricted stock units into common shares of Leonardo DRS. This transaction reflects vesting of equity compensation rather than an open-market purchase or sale, and increased his directly held common stock position.

How many Leonardo DRS (DRS) shares does Kenneth J. Krieg hold after this Form 4?

After the reported RSU conversion, Kenneth J. Krieg directly holds 31,276 shares of Leonardo DRS common stock. This figure comes from the post-transaction ownership line in the filing and reflects his direct holdings only.

What type of derivative security did Kenneth J. Krieg convert at Leonardo DRS (DRS)?

He converted 3,556 Restricted Stock Units into Leonardo DRS common stock. Each RSU represented a contingent right to receive one share of common stock or the cash equivalent under the company’s 2022 Omnibus Equity Compensation Plan.

Was the Leonardo DRS (DRS) insider transaction an open-market buy or sell?

No, the Form 4 shows a derivative exercise/conversion of RSUs, not an open-market trade. The transaction code "M" and description indicate conversion of equity awards granted as compensation, with no reported market purchases or sales.

When did Kenneth J. Krieg’s Leonardo DRS (DRS) RSUs vest?

The filing notes that the restricted stock units vested on June 4, 2026. Vesting triggered the conversion of 3,556 RSUs into common shares, consistent with the terms of Leonardo DRS’s 2022 Omnibus Equity Compensation Plan.

Under which plan were Kenneth J. Krieg’s Leonardo DRS (DRS) RSUs granted?

The RSUs were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. According to the footnote, they formed the equity component of Krieg’s annual retainer fee as a director and converted into common stock upon vesting.