Leonardo DRS EVP sells 10,014 company shares

Leonardo DRS, Inc. executive Mark Dorfman, EVP, General Counsel and Secretary, sold 10,014 shares of common stock in an open-market transaction.

Accepted by SEC EDGAR 03/17/2026 - 04:16 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Leonardo DRS, Inc. executive Mark Dorfman, EVP, General Counsel and Secretary, sold 10,014 shares of common stock in an open-market transaction. The sale occurred at a price of $45.27 per share. After this transaction, he directly holds 17,666 shares of Leonardo DRS common stock.

According to a footnote, this sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Dorfman on June 13, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 10,014 shares

Net Sell 1 txn

Insider Dorfman Mark

Role EVP, GC and Secretary

Sold 10,014 shs ($453K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,014	$45.27	$453K

Holdings After Transaction: Common Stock — 17,666 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 June 13, 2025.

FAQ

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

What insider transaction did Leonardo DRS (DRS) disclose for Mark Dorfman?

Leonardo DRS reported that executive Mark Dorfman sold 10,014 shares of common stock. The shares were sold in an open-market transaction at $45.27 per share, reflecting a routine insider sale disclosed in a Form 4 filing.

At what price did Leonardo DRS (DRS) executive Mark Dorfman sell his shares?

Mark Dorfman sold his Leonardo DRS shares at $45.27 per share. The Form 4 shows an open-market transaction involving 10,014 common shares, giving investors clear transparency into the pricing of this insider sale.

How many Leonardo DRS (DRS) shares does Mark Dorfman hold after this Form 4 sale?

After the reported sale, Mark Dorfman directly holds 17,666 Leonardo DRS shares. The Form 4 specifies this post-transaction ownership level, helping investors understand his remaining direct equity stake in the company.

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

Yes. The Form 4 states the sale was made under a Rule 10b5-1 trading plan. A footnote explains that Dorfman adopted this pre-arranged plan on June 13, 2025, indicating the transaction was scheduled in advance.

Who is the insider involved in the latest Leonardo DRS (DRS) Form 4 filing?

The insider is Mark Dorfman, EVP, General Counsel and Secretary of Leonardo DRS. He reported an open-market sale of 10,014 common shares at $45.27 each and now directly owns 17,666 shares.

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^*

Dorfman Mark

(Last) (First) (Middle)

C/O LEONARDO DRS, INC.

2345 CRYSTAL DRIVE

(Street)

ARLINGTON VA 22202

(City) (State) (Zip)

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, GC and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/16/2026		S(1)		10,014	D	$45.27	17,666	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 June 13, 2025.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Oriana D. Pietrangelo, Attorney-In-Fact	03/17/2026
	** 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.