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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Krieg Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS, Inc. director Kenneth J. Krieg reported receiving a grant of 3,733 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Leonardo DRS common stock.

The RSUs were granted on May 14, 2026 under the company’s 2022 Omnibus Equity Compensation Plan and will vest in full on May 14, 2027, as long as Krieg continues serving on the board through that date. Following this compensation award, he holds 3,733 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krieg Kenneth J

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 RSUs outstanding after grant: 3,733 units RSU vesting date: May 14, 2027 +1 more

4 metrics

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

RSUs outstanding after grant 3,733 units Total RSUs held following transaction

RSU vesting date May 14, 2027 Full vesting contingent on continued board service

Underlying common shares 3,733 shares Each RSU equals one Leonardo DRS common share upon vesting

Key Terms

Restricted Stock Unit, 2022 Omnibus Equity Compensation Plan, vesting, contingent right

4 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.

2022 Omnibus Equity Compensation Plan financial

"The RSUs were granted ... under the Issuer's 2022 Omnibus Equity Compensation Plan"

vesting financial

"The RSUs will vest in full on May 14, 2027, subject to continued service"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

contingent right financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 07:41 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^*

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)
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 did Leonardo DRS (DRS) director Kenneth J. Krieg report in this Form 4 filing?

Kenneth J. Krieg reported receiving 3,733 restricted stock units as equity compensation. Each RSU represents a contingent right to one share of Leonardo DRS common stock, granted under the 2022 Omnibus Equity Compensation Plan on May 14, 2026, with future vesting conditions.

How many Leonardo DRS RSUs were granted to director Kenneth J. Krieg?

Kenneth J. Krieg was granted 3,733 restricted stock units from Leonardo DRS. These RSUs are a form of stock-based compensation that can convert into 3,733 shares of common stock if vesting conditions are satisfied over the specified period.

When do Kenneth J. Krieg’s Leonardo DRS RSUs vest?

The 3,733 restricted stock units granted to Kenneth J. Krieg vest in full on May 14, 2027. Vesting is contingent on his continued service on the Leonardo DRS board of directors through that date, aligning equity compensation with ongoing board tenure.

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

Each restricted stock unit represents a contingent right to receive one share of Leonardo DRS common stock. The units themselves are not shares until vesting occurs, at which time vested RSUs can settle into shares according to plan terms and applicable conditions.

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

Kenneth J. Krieg’s 3,733 restricted stock units were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan governs stock-based awards to directors and other participants, specifying grant terms, vesting schedules, and how awards may convert into common shares.

How many Leonardo DRS RSUs does Kenneth J. Krieg hold after this transaction?

After this transaction, Kenneth J. Krieg holds 3,733 restricted stock units directly. This total reflects the newly granted RSUs reported in the Form 4 and indicates his current equity-based compensation position from this specific award, subject to vesting in 2027.