Leonardo DRS director gifts 3,700 shares
Leonardo DRS, Inc. (DRS) director Kenneth J. Krieg reported a bona fide gift of 3,700 shares of common stock on September 9, 2026.
Rhea-AI Filing Summary
Leonardo DRS, Inc. (DRS) director Kenneth J. Krieg reported a bona fide gift of 3,700 shares of common stock on September 9, 2026. The shares were disposed of at a reported price of $0.00 per share, and he now directly holds 27,576 shares following the transaction. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,700 shares gifted
Gift
1 txn
Insider
Krieg Kenneth J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,700 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,576 shares (Direct)
Key Figures
Shares gifted: 3,700 shares
Price per share: $0.00 per share
Shares held after transaction: 27,576 shares
+1 more
4 metrics
Shares gifted
3,700 shares
Bona fide gift of Leonardo DRS, Inc. common stock on September 9, 2026
Price per share
$0.00 per share
Reported value for the 3,700-share bona fide gift
Shares held after transaction
27,576 shares
Direct holdings of Kenneth J. Krieg following the gift
Gift transactions in this filing
1 transaction
Single bona fide gift reported on this Form 4
Key Terms
bona fide gift, Rule 10b5-1, Form 4
3 terms
bona fide gift financial
"The transaction code indicates a bona fide gift of 3,700 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Form 4 regulatory
"This insider transaction is reported on Form 4 by a director."
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.
FAQ
What insider transaction did DRS director Kenneth J. Krieg report?
Kenneth J. Krieg reported a bona fide gift of 3,700 shares of Leonardo DRS, Inc. common stock on September 9, 2026. The transaction was recorded at a price of $0.00 per share and classified as a disposition by gift.
Was the Leonardo DRS (DRS) insider gift made under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so the September 9, 2026 gift of 3,700 shares was not reported as being made under a Rule 10b5-1 trading plan.
What transaction code is used on this DRS Form 4 and what does it mean?
The Form 4 uses transaction code G, which denotes a bona fide gift. This indicates the 3,700 Leonardo DRS, Inc. common shares were transferred as a gift rather than sold in the market.
Does this DRS Form 4 report any stock option exercises or sales?
No. The Form 4 reports only a single bona fide gift of 3,700 shares of common stock and shows no derivative security exercises or market sales in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.