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Leonardo DRS director receives 1,006 shares

The remaining RSUs are scheduled to vest on December 31, 2026, subject to the director’s continued board service through that date.

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Form Type
4

Rhea-AI Filing Summary

Leonardo DRS, Inc. director Frances F. Townsend had 1,006 restricted stock units vest on September 30, 2026, receiving 1,006 shares of common stock. After the transactions, she directly held 1,007 restricted stock units and 36,894 shares of common stock. The RSUs were granted April 1, 2026, under the 2022 Omnibus Equity Compensation Plan.

Insider TOWNSEND FRANCES F
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit F1, F2 1,006 $0.00 $0.00
Exercise Common Stock 1,006 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 1,007 contracts (Direct); Common Stock — 36,894 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer.
  2. F2. The RSUs were granted on April 1, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs vested quarterly on April 1, 2026, June 30, 2026 and September 30, 2026. The remaining RSUs will vest quarterly on December 31, 2026, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date. The number of RSUs that vested on each of April 1, 2026, June 30, 2026 and September 30, 2026, were rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on December 31, 2026.
Restricted stock units vested 1,006 restricted stock units September 30, 2026
Common shares acquired 1,006 shares Upon vesting on September 30, 2026
Restricted stock units held after transaction 1,007 restricted stock units Direct holdings
Common shares held after transaction 36,894 shares Direct holdings
restricted stock unit financial
"Each restricted stock unit ("RSU") represents 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
"under the Issuer's 2022 Omnibus Equity Compensation Plan"
contingent right financial
"represents a contingent right to receive one share"

FAQ

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

How many shares did DRS director Frances F. Townsend receive?

Frances F. Townsend received 1,006 shares of Leonardo DRS common stock when 1,006 restricted stock units vested on September 30, 2026. She directly held 36,894 common shares after the transaction.

When will Frances F. Townsend’s remaining DRS RSUs vest?

The remaining restricted stock units are scheduled to vest on December 31, 2026, subject to her continued service as a member of the board through that date.

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

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Learn about SEC filing dates
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*
TOWNSEND FRANCES F

(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)
09/30/2026
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
Common Stock09/30/2026M1,006A$036,894D
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)09/30/2026M1,006 (2) (2)Common Stock1,006$01,007D
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 April 1, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs vested quarterly on April 1, 2026, June 30, 2026 and September 30, 2026. The remaining RSUs will vest quarterly on December 31, 2026, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date. The number of RSUs that vested on each of April 1, 2026, June 30, 2026 and September 30, 2026, were rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on December 31, 2026.
Remarks:
/s/ Oriana D. Pietrangelo, Attorney-in-Fact10/01/2026
** 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)

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