Leonardo DRS COO sells 1,300 shares at $50

Leonardo DRS, Inc. executive Sally Wallace, EVP and Chief Operating Officer, sold 1,300 shares of Common Stock in an open-market transaction at $50.00 per share.

Accepted by SEC EDGAR 06/15/2026 - 04:16 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Leonardo DRS, Inc. executive Sally Wallace, EVP and Chief Operating Officer, sold 1,300 shares of Common Stock in an open-market transaction at $50.00 per share. After this sale, she directly holds 57,053 shares. The filing notes the sale was made under a pre-arranged Rule 10b5-1 trading plan.

Insider Trade Summary 10b5-1

Net Seller: 1,300 shares

Net Sell 1 txn

Insider Wallace Sally

Role EVP, Chief Operating Officer

Sold 1,300 shs ($65K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,300	$50.00	$65K

Holdings After Transaction: Common Stock — 57,053 shares (Direct)

Footnotes (1)

1. F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.

Key Figures

Shares sold: 1,300 shares Sale price: $50.00 per share Shares owned after: 57,053 shares +1 more

4 metrics

Shares sold 1,300 shares Open-market sale of Common Stock on 2026-06-11

Sale price $50.00 per share Price for the 1,300-share Common Stock sale

Shares owned after 57,053 shares Direct Common Stock holdings following the transaction

Transaction code S Sale in open market or private transaction

Key Terms

Rule 10b5-1 trading plan, open-market sale, Common Stock, transaction code "S"

4 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" regulatory

"transaction_code_description: "Sale in open market or private transaction""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Leonardo DRS (DRS) report for Sally Wallace?

Leonardo DRS reported that EVP and Chief Operating Officer Sally Wallace sold 1,300 shares of Common Stock. The shares were sold in an open-market transaction at $50.00 per share, and she continues to hold a significant direct stake afterward.

How many Leonardo DRS (DRS) shares does Sally Wallace hold after the sale?

After the reported sale, Sally Wallace directly holds 57,053 shares of Leonardo DRS Common Stock. This remaining position provides context that the 1,300-share sale represents only a portion of her overall direct ownership stake in the company.

At what price were the Leonardo DRS (DRS) shares sold in the Form 4 filing?

The Form 4 shows Sally Wallace’s 1,300 Leonardo DRS Common Stock shares were sold at $50.00 per share. This price reflects the execution level for that specific open-market transaction disclosed in the insider trading report.

Was the Leonardo DRS (DRS) insider sale by Sally Wallace under a Rule 10b5-1 plan?

Yes. A footnote explains the sales were effected under a Rule 10b5-1 trading plan adopted by Sally Wallace. Such pre-arranged plans automatically schedule trades, reducing the significance of timing as an indicator of insider sentiment.

What type of transaction code appears in the Leonardo DRS (DRS) Form 4 for Sally Wallace?

The transaction is coded “S”, which the filing describes as a sale in an open-market or private transaction. This indicates a straightforward disposition of Common Stock rather than an option exercise, gift, or tax-withholding event.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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).

X

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^*

Wallace Sally

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		S		1,300	D	$50(1)	57,053	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2025.

Remarks:

	/s/ Oriana D. Pietrangelo, Attorney-in-Fact	06/15/2026
	** Signature of Reporting Person	Date
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)