Leonardo DRS counsel sells 7,471 shares at $37

Leonardo DRS EVP and general counsel Mark Dorfman sold 7,471 shares under a pre-set Rule 10b5-1 trading plan, leaving him with 29,271 shares.

Rhea-AI Filing Summary

Leonardo DRS, Inc. (DRS) reported that executive vice president, general counsel and secretary Mark Dorfman sold 7,471 shares of common stock on September 4, 2026 at $37.01 per share, in an open-market or private transaction. Following this sale, he directly holds 29,271 shares. The sale was made under a Rule 10b5-1 trading plan adopted on March 6, 2026, indicating the trades were pre-arranged.

Insider Trade Summary 10b5-1

Net Seller: 7,471 shares

Net Sell 1 txn

Insider Dorfman Mark

Role EVP, GC and Secretary

Sold 7,471 shs ($277K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	7,471	$37.01	$277K

Holdings After Transaction: Common Stock — 29,271 shares (Direct)

Footnotes (1)

1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2026.

Key Figures

Shares sold: 7,471 shares Sale price per share: $37.01 per share Approximate sale proceeds: $276,502 +2 more

5 metrics

Shares sold 7,471 shares Common stock sold by Mark Dorfman on September 4, 2026

Sale price per share $37.01 per share Price for the common stock sale on September 4, 2026

Approximate sale proceeds $276,502 Implied by 7,471 shares sold at $37.01 per share

Shares held after transaction 29,271 shares Direct holdings of Mark Dorfman after the reported sale

Rule 10b5-1 plan adoption date March 6, 2026 Date the trading plan governing the sale was adopted

Key Terms

Rule 10b5-1 trading plan, open market or private transaction

2 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2026."

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 or private transaction market

"Sale in open market or private transaction"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DRS report for Mark Dorfman?

Leonardo DRS reported that Mark Dorfman sold 7,471 shares of common stock on September 4, 2026 at $37.01 per share, in an open-market or private transaction, and now directly holds 29,271 shares.

Was the recent DRS insider sale by Mark Dorfman under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Mark Dorfman on March 6, 2026, meaning the trades were pre-arranged under that plan.

How many Leonardo DRS (DRS) shares did Mark Dorfman sell and at what price?

Mark Dorfman sold 7,471 shares of Leonardo DRS common stock at $37.01 per share on September 4, 2026, in an open-market or private transaction as described in the filing.

How many DRS shares does Mark Dorfman hold after the September 4, 2026 sale?

After the sale, Mark Dorfman directly holds 29,271 shares of Leonardo DRS common stock, as reported in the insider transaction disclosure.

What is the approximate total value of Mark Dorfman’s recent DRS share sale?

Based on 7,471 shares sold at $37.01 per share, the total sale proceeds are approximately $276,502, as implied by multiplying the reported shares by the reported price per share.

What is Mark Dorfman’s role at Leonardo DRS (DRS)?

Mark Dorfman is reported as the company’s executive vice president, general counsel and secretary, and is the insider associated with the disclosed share sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 09:13 AM EDT Accepted by SEC EDGAR 09/08/2026 - 09:13 AM EDT Learn about SEC filing dates

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).

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^*

Dorfman Mark

(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)
	EVP, GC and Secretary

2a. Foreign Trading Symbol

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

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	09/04/2026		S(1)		7,471	D	$37.01	29,271	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

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 6, 2026.

Remarks:

	/s/ Oriana D. Pietrangelo, Attorney-in-Fact	09/08/2026
	** 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)