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Leonardo DRS (DRS) awards 5,887 RSUs vesting through 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

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Insider Rinsky Jason
Role EVP Chief Tax and Treasury
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 5,887 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 5,887 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 5,887 units Restricted stock units granted to EVP Chief Tax and Treasury
RSU grant price $0.0000 per unit Grant/award acquisition, compensation-related
Underlying common shares 5,887 shares Each RSU equals one share of common stock or cash equivalent
Vesting date 1 April 1, 2027 First one-third of RSUs scheduled to vest, rounded down
Vesting date 2 April 1, 2028 Second one-third of RSUs scheduled to vest, rounded down
Final vesting date April 1, 2029 Remaining RSUs scheduled to vest, after rounding on earlier dates
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation 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.
2022 Omnibus Equity Compensation Plan financial
"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan"
contingent right financial
"represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof"
vest financial
"The RSUs are scheduled to vest one-third annually on each of April 1, 2027, April 1, 2028 and April 1, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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).
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)
04/09/2026
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
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
Restricted Stock Unit(1)04/09/2026A5,887 (1) (1)Common Stock5,887$05,887D
Explanation of Responses:
1. 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.
Remarks:
/s/ Oriana D. Pietrangelo, Attorney-In-Fact04/09/2026
** 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)

FAQ

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

Leonardo DRS reported that EVP Chief Tax and Treasury Jason Rinsky received 5,887 restricted stock units as an equity award. The grant is a compensation-related acquisition, not an open-market stock purchase or sale, and is structured to vest over multiple future years.

How many restricted stock units did Jason Rinsky receive from Leonardo DRS (DRS)?

Jason Rinsky received 5,887 restricted stock units from Leonardo DRS. Each unit represents a contingent right to receive one share of common stock or the cash equivalent, granted under the company’s 2022 Omnibus Equity Compensation Plan as part of his executive compensation.

When do Jason Rinsky’s Leonardo DRS (DRS) RSUs vest?

The restricted stock units are scheduled to vest one-third annually on April 1, 2027, April 1, 2028 and April 1, 2029. Vesting on the first two dates is rounded down, with any remaining units vesting on April 1, 2029, contingent on continued employment.

What does each Leonardo DRS (DRS) RSU granted to Jason Rinsky represent?

Each restricted stock unit represents a contingent right to receive one share of Leonardo DRS common stock or the cash equivalent. Delivery occurs upon vesting, and the award was granted under the company’s 2022 Omnibus Equity Compensation Plan as part of executive compensation.

What employment conditions apply to Jason Rinsky’s Leonardo DRS (DRS) RSU grant?

The RSUs are scheduled to vest only if Jason Rinsky remains employed by Leonardo DRS through each vesting date. Vesting occurs on April 1 of 2027, 2028 and 2029, making continued service a key condition for receiving the underlying shares or cash.