Leonardo DRS EVP granted 7,359 RSUs
Dorfman Mark reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Dorfman Mark reported acquisition or exercise transactions in this Form 4 filing.
Leonardo DRS, Inc. reported that EVP, General Counsel and Secretary Mark Dorfman received a grant of 7,359 restricted stock units (RSUs) under the company’s 2022 Omnibus Equity Compensation Plan. Each RSU represents a right to one share of common stock or the cash equivalent as compensation, not an open-market trade.
The RSUs are scheduled to vest in three installments: one‑third on April 1, 2027, one‑third on April 1, 2028, and the remaining balance on April 1, 2029, all contingent on his continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,359 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Unit financial
2022 Omnibus Equity Compensation Plan financial
vest financial
cash equivalent financial
FAQ
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