Leonardo DRS EVP gains shares through RSU vesting
Leonardo DRS, Inc. EVP Chief Tax and Treasury Jason Rinsky reported multiple equity compensation events on April 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
Leonardo DRS, Inc. EVP Chief Tax and Treasury Jason Rinsky reported multiple equity compensation events on April 1, 2026. He exercised or converted 11,959 restricted stock units into common stock at a conversion price of $0.0000 per unit.
He acquired blocks of common stock totaling 17,316 shares and 11,608 shares through awards coded as grants or other acquisitions. To cover tax obligations, 18,023 shares of common stock were withheld by the company at $45.8600 per share. Following these transactions, he directly held 35,175 shares of Leonardo DRS common stock.
Insider Trade Summary
11,959 shares exercised/converted
Exercise
13 txns
Insider
Rinsky Jason
Role
EVP Chief Tax and Treasury
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,375 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 3,795 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,789 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 17,316 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,414 | $45.86 | $294K |
| Grant/Award | Common Stock | 11,608 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,717 | $45.86 | $262K |
| Exercise | Common Stock | 5,375 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,648 | $45.86 | $121K |
| Exercise | Common Stock | 3,795 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,870 | $45.86 | $86K |
| Exercise | Common Stock | 2,789 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,374 | $45.86 | $63K |
Holdings After Transaction:
Restricted Stock Unit — 9,373 contracts (Direct);
Common Stock — 35,175 shares (Direct)
Footnotes (6)
- F1. Represents performance restricted stock units ("PRSUs") awarded in April 2023 under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.
- F2. Shares withheld by the Issuer to satisfy tax withholding requirements.
- F3. Represents PRSUs awarded in April 2023 under the Plan for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.
- F4. Each restricted stock unit ("RSU") was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on April 1, 2024 and April 1, 2025. The remaining RSUs vested on April 1, 2026.
- F5. Each RSU was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on each of April 1, 2025 and April 1, 2026. The remaining one-third of RSUs are scheduled to vest on April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through such date.
- F6. Each RSU was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on April 1, 2026. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2027 and April 1, 2028, subject to the Reporting Person's continued employment with the Issuer through each date.
Key Figures
RSU exercises: 11,959 units
Tax-withheld shares: 18,023 shares at $45.8600
Post-transaction holdings: 35,175 shares
+2 more
5 metrics
RSU exercises
11,959 units
Restricted stock units converted on April 1, 2026
Tax-withheld shares
18,023 shares at $45.8600
Shares delivered to issuer for tax withholding
Post-transaction holdings
35,175 shares
Common stock directly held after April 1, 2026 activity
Share award
17,316 shares
Common stock acquired via grant or award on April 1, 2026
Additional share award
11,608 shares
Common stock acquired via second grant or award
Key Terms
Restricted Stock Unit, performance restricted stock units ("PRSUs"), 2022 Omnibus Equity Compensation Plan, tax withholding requirements, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") was granted under the 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.
performance restricted stock units ("PRSUs") financial
"Represents performance restricted stock units ("PRSUs") awarded in April 2023"
2022 Omnibus Equity Compensation Plan financial
"awarded in April 2023 under the Issuer's 2022 Omnibus Equity Compensation Plan"
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy tax withholding requirements."
vesting financial
"The PRSUs vested on April 1, 2026."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Leonardo DRS (DRS) EVP Jason Rinsky report in this Form 4?
EVP Jason Rinsky reported equity compensation activity, including RSU exercises converting 11,959 units into common stock and share awards, combined with shares withheld for taxes. After these April 1, 2026 transactions, he directly held 35,175 Leonardo DRS common shares.
How many Leonardo DRS (DRS) RSUs did Jason Rinsky acquire or convert?
Jason Rinsky exercised or converted 11,959 restricted stock units into Leonardo DRS common stock at a stated conversion price of $0.0000 per unit. These RSUs were awarded under the company’s 2022 Omnibus Equity Compensation Plan and vested based on service and performance conditions.
Were Jason Rinsky’s Leonardo DRS (DRS) transactions open-market buys or sells?
The filing shows no open-market buys or sells. Activity consists of RSU and PRSU vesting and conversion, share awards coded as grants or other acquisitions, and tax-withholding dispositions coded F, where shares are delivered to the issuer to cover tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
