Leonardo DRS grants 5,887 RSUs to EVP
Rinsky Jason reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Rinsky Jason reported acquisition or exercise transactions in this Form 4 filing.
Leonardo DRS, Inc. reported that EVP Chief Tax and Treasury Jason Rinsky received a grant of 5,887 restricted stock units as equity compensation. Each RSU represents a contingent right to one share of common stock or its cash equivalent. The RSUs vest one-third annually on April 1 of 2027, 2028 and 2029, subject to his continued employment, with earlier vesting amounts rounded down and the remainder vesting in 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,887 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs are scheduled to vest one-third annually on each of April 1, 2027, April 1, 2028 and April 1, 2029, subject to the Reporting Person's continued employment with the Issuer through each date. The number of RSUs that vest on each of April 1, 2027 and April 1, 2028 shall be rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on April 1, 2029.
Key Figures
Key Terms
Restricted Stock Unit financial
2022 Omnibus Equity Compensation Plan financial
contingent right financial
vest financial
FAQ
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What insider transaction did Leonardo DRS (DRS) report for Jason Rinsky?
How many restricted stock units did Jason Rinsky receive from Leonardo DRS (DRS)?
When do Jason Rinsky’s Leonardo DRS (DRS) RSUs vest?
What does each Leonardo DRS (DRS) RSU granted to Jason Rinsky represent?
What employment conditions apply to Jason Rinsky’s Leonardo DRS (DRS) RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.