Leonardo DRS (DRS) awards 3,733 RSUs to director Mary Gallagher

Rhea-AI Filing Summary

GALLAGHER MARY E reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS director Mary E. Gallagher received a grant of 3,733 restricted stock units of Leonardo DRS, Inc. on May 14, 2026. Each RSU represents a contingent right to one share of common stock and will vest in full on May 14, 2027, subject to her continued board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GALLAGHER MARY E

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)

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 Underlying common shares: 3,733 shares Total RSUs after grant: 3,733 units +2 more

5 metrics

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

Underlying common shares 3,733 shares Each RSU represents one share of common stock

Total RSUs after grant 3,733 units Holdings following the reported RSU grant

Grant date May 14, 2026 RSU award date under 2022 Omnibus Equity Compensation Plan

Vesting date May 14, 2027 RSUs vest in full subject to continued board service

Key Terms

Restricted Stock Unit, contingent right, 2022 Omnibus Equity Compensation Plan, vest in full

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.

contingent right financial

"represents a contingent right to receive one share of the common stock"

2022 Omnibus Equity Compensation Plan financial

"The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan."

vest in full financial

"The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service"

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^*

GALLAGHER MARY E

(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)
			Code	V	Amount	(A) or (D)	Price

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)	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)

FAQ

What insider transaction did Leonardo DRS (DRS) disclose for Mary E. Gallagher?

Leonardo DRS disclosed that director Mary E. Gallagher received a grant of 3,733 restricted stock units. These RSUs were awarded on May 14, 2026 under the company’s 2022 Omnibus Equity Compensation Plan as part of her board compensation.

How many restricted stock units did Mary E. Gallagher receive from Leonardo DRS?

Mary E. Gallagher received 3,733 restricted stock units from Leonardo DRS. Following this grant, her reported holdings in this RSU award total 3,733 units, each linked to one potential share of the company’s common stock upon vesting.

When do Mary E. Gallagher’s Leonardo DRS RSUs vest?

Gallagher’s restricted stock units will vest in full on May 14, 2027. Vesting is conditioned on her continued service as a member of the Leonardo DRS Board of Directors through that date, aligning the award with ongoing board tenure.

What does each Leonardo DRS RSU granted to Mary E. Gallagher represent?

Each RSU granted to Gallagher represents a contingent right to receive one share of Leonardo DRS common stock. Actual share delivery occurs only if the vesting condition is met, making the award equity-based compensation rather than immediate stock ownership.

Under which plan were Mary E. Gallagher’s Leonardo DRS RSUs granted?

The RSUs were granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan. This plan provides for equity-based awards to directors and other participants, aligning their compensation with shareholder interests through stock-linked incentives and vesting requirements.