Leonardo DRS (DRS) awards 4,089 RSUs to SVP and Controller Pamela Morrow

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Morrow Pamela reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS, Inc. reported that SVP and Controller Pamela Morrow received a grant of 4,089 restricted stock units. These RSUs were awarded under the company’s 2022 Omnibus Equity Compensation Plan and give her a right to receive an equal number of common shares or the cash equivalent.

The 4,089 RSUs are scheduled to vest in three equal annual installments on April 1, 2027, April 1, 2028, and April 1, 2029, as long as she remains employed with the company through each vesting date. After this grant, her reported RSU holdings from this award total 4,089 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Morrow Pamela

Role SVP and Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	4,089	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 4,089 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 4,089 units RSUs after transaction: 4,089 units Vesting schedule: 1/3 each in 2027, 2028, 2029 +1 more

4 metrics

RSUs granted 4,089 units Restricted stock units granted to SVP and Controller Pamela Morrow

RSUs after transaction 4,089 units Total RSUs from this award following the grant

Vesting schedule 1/3 each in 2027, 2028, 2029 Scheduled to vest on April 1, 2027, April 1, 2028 and April 1, 2029

Conversion ratio 1 share per RSU Each RSU represents a right to one common share or cash equivalent

Key Terms

Restricted Stock Unit, 2022 Omnibus Equity Compensation Plan, vest, cash equivalent

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

vest financial

"The RSUs are scheduled to vest one-third annually on each of April 1, 2027, April 1, 2028 and April 1, 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

cash equivalent financial

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

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 06:01 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^*

Morrow Pamela

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

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⁾	04/09/2026		A		4,089		⁽¹⁾	⁽¹⁾	Common Stock	4,089	$0	4,089	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs are scheduled to vest one-third annually on each of April 1, 2027, April 1, 2028 and April 1, 2029, subject to the Reporting Person's continued employment with the Issuer through each date.

Remarks:

	/s/ Oriana D. Pietrangelo, Attorney-In-Fact	04/09/2026
	** 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 did Leonardo DRS (DRS) disclose about Pamela Morrow in this Form 4?

Leonardo DRS disclosed that SVP and Controller Pamela Morrow received 4,089 restricted stock units. These units were granted as equity compensation and give her a future right to receive common stock or cash, aligning part of her pay with shareholder outcomes over time.

How many restricted stock units did Pamela Morrow receive from Leonardo DRS (DRS)?

Pamela Morrow received 4,089 restricted stock units from Leonardo DRS. Each RSU represents a contingent right to one share of common stock or its cash equivalent, forming part of her long-term equity compensation under the 2022 Omnibus Equity Compensation Plan.

When do Pamela Morrow’s Leonardo DRS (DRS) RSUs vest?

The 4,089 RSUs granted to Pamela Morrow vest in three equal annual installments. They are scheduled to vest one-third each on April 1, 2027, April 1, 2028, and April 1, 2029, subject to her continued employment with Leonardo DRS through each vesting date.

What does each restricted stock unit represent in this Leonardo DRS (DRS) Form 4?

Each restricted stock unit represents a contingent right to receive one share of Leonardo DRS common stock or the cash equivalent. This structure ties Pamela Morrow’s compensation to the company’s equity performance over time, rather than providing immediate cash salary.

Under which plan were Pamela Morrow’s Leonardo DRS (DRS) RSUs granted?

The RSUs were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan allows the company to grant equity-based awards, such as restricted stock units, to executives and employees as part of their long-term incentive compensation packages.