STOCK TITAN

Leonardo DRS (DRS) tax and treasury chief sells 3,865 shares under plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Leonardo DRS, Inc. executive vice president and Chief Tax and Treasury Officer Jason Rinsky sold 3,865 shares of common stock in an open-market transaction at a price of $45.37 per share. The transaction reflects a discretionary sale of existing shares.

After the sale, Rinsky directly holds 27,445 shares of Leonardo DRS common stock. The filing notes that this sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2026, indicating the timing was set in advance.

Positive

  • None.

Negative

  • None.
Insider Rinsky Jason
Role EVP Chief Tax and Treasury
Sold 3,865 shs ($175K)
Type Security Shares Price Value
Sale Common Stock 3,865 $45.37 $175K
Holdings After Transaction: Common Stock — 27,445 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 3,865 shares Open-market sale of common stock
Sale price $45.37 per share Execution price for the reported sale
Shares held after sale 27,445 shares Direct ownership post-transaction
Shares sold (net) 3,865 shares Net-sell direction in transaction summary
Trading plan adoption date March 4, 2026 Rule 10b5-1 plan adoption for this sale
Rule 10b5-1 trading plan regulatory
"sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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FAQ

What insider transaction did Leonardo DRS (DRS) report for Jason Rinsky?

Leonardo DRS reported that executive vice president Jason Rinsky sold 3,865 shares of common stock. The sale was an open-market transaction at a price of $45.37 per share, as disclosed in a Form 4 insider trading report filed with regulators.

At what price were Jason Rinsky’s Leonardo DRS (DRS) shares sold?

Jason Rinsky’s Leonardo DRS common shares were sold at $45.37 per share. This price reflects the execution level for the 3,865 shares sold in an open-market transaction, as recorded in the Form 4 insider trading disclosure for the executive.

How many Leonardo DRS (DRS) shares does Jason Rinsky hold after the sale?

Following the reported sale, Jason Rinsky directly holds 27,445 shares of Leonardo DRS common stock. This post-transaction balance is shown in the Form 4 and provides context for the relative size of the 3,865-share open-market sale he executed.

Was Jason Rinsky’s Leonardo DRS (DRS) share sale under a Rule 10b5-1 plan?

Yes. The filing states that Jason Rinsky’s sales were effected under a Rule 10b5-1 trading plan. This plan was adopted on March 4, 2026, indicating the trades were pre-scheduled rather than timed discretionarily in response to short-term market conditions.

What role does Jason Rinsky hold at Leonardo DRS (DRS)?

Jason Rinsky serves as executive vice president and Chief Tax and Treasury Officer at Leonardo DRS. His position is identified in the Form 4, which reports his open-market sale of 3,865 shares of company common stock and his remaining direct share ownership.
SEC Form 4
FORM 4UNITED 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).
X
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*
Rinsky Jason

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Tax and Treasury
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/07/2026S(1)3,865D$45.3727,445D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2026.
Remarks:
/s/ Oriana D. Pietrangelo, Attorney-In-Fact07/08/2026
** Signature of Reporting PersonDate
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)