STOCK TITAN

Leonardo DRS (DRS) director awarded 3,733 RSUs in new equity grant

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

Rhea-AI Filing Summary

Casey George reported acquisition or exercise transactions in this Form 4 filing.

Leonardo DRS, Inc. director Casey George received a grant of 3,733 restricted stock units, each linked to one share of common stock. The RSUs were awarded on May 14, 2026 under the company’s 2022 Omnibus Equity Compensation Plan and represent stock-based compensation.

The RSUs will vest in full on May 14, 2027, as long as George continues serving on the board through that date. After this grant, George holds 3,733 RSUs directly, aligning part of director compensation with future company performance.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant to a director with one-year cliff vesting.

Director Casey George received 3,733 restricted stock units on May 14, 2026 as equity compensation under the 2022 Omnibus Equity Compensation Plan. Each RSU represents one share of common stock, with no cash paid by the director.

The award vests in full on May 14, 2027, contingent on continued board service. This structure ties compensation to future company value while encouraging a minimum one-year service horizon. The filing shows no sales, exercises, or remaining derivative positions beyond this new RSU grant.

Insider Casey George
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 3,733 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 3,733 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer. The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
RSUs granted 3,733 units Restricted Stock Units granted May 14, 2026
RSU price $0.00 per unit Grant/award acquisition, compensation not purchase
Underlying shares 3,733 shares Common stock underlying RSUs
Post-grant RSU holdings 3,733 units Total RSUs following transaction
Grant date May 14, 2026 Date RSUs were awarded
Vesting date May 14, 2027 RSUs vest in full on this date
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnote defining each RSU as a contingent right"
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
"The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan."
vesting financial
"The RSUs will vest in full on May 14, 2027, subject to continued service."
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.
transaction code "A" regulatory
"transaction_code_description: "Grant, award, or other acquisition" for code A."
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*
Casey George

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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)05/14/2026A3,733 (2) (2)Common Stock3,733$03,733D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer.
2. The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
Remarks:
/s/ Oriana D. Pietrangelo, Attorney-In-Fact05/18/2026
** 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 did Leonardo DRS (DRS) director Casey George report in this Form 4?

Casey George reported receiving a grant of 3,733 restricted stock units as equity compensation. Each RSU corresponds to one share of Leonardo DRS common stock, awarded under the 2022 Omnibus Equity Compensation Plan on May 14, 2026.

How many Leonardo DRS (DRS) RSUs were granted to Casey George and at what price?

The filing shows a grant of 3,733 restricted stock units with a transaction price per unit of $0.00. This reflects a stock-based compensation award rather than a market purchase, with each RSU representing one future share of Leonardo DRS common stock.

When do Casey George’s Leonardo DRS (DRS) RSUs vest?

The RSUs granted on May 14, 2026 vest in full on May 14, 2027. Vesting is conditioned on Casey George’s continued service as a member of Leonardo DRS’s Board of Directors through that vesting date, according to the Form 4 footnotes.

What is the nature of ownership for Casey George’s Leonardo DRS (DRS) RSUs?

The Form 4 classifies the 3,733 restricted stock units as held with direct ownership. After this grant, total RSU holdings following the transaction are 3,733 units, all reported as directly owned by Casey George rather than through an intermediary entity.

Does the Leonardo DRS (DRS) Form 4 show any stock sales by Casey George?

The Form 4 does not report any stock sales. It records a single acquisition transaction coded "A" for a grant or award of 3,733 restricted stock units, with no sell transactions, gifts, tax-withholding dispositions, or derivative exercises disclosed in this filing.