Leonardo DRS director exercises 3,556 RSUs

Leonardo DRS, Inc. director Gail Baker exercised restricted stock units into common stock as part of her equity compensation.

Accepted by SEC EDGAR 06/05/2026 - 04:12 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Leonardo DRS, Inc. director Gail Baker exercised restricted stock units into common stock as part of her equity compensation. On June 4, 2026, she converted 3,556 RSUs granted under the 2022 Omnibus Equity Compensation Plan, increasing her direct holdings to 33,876 common shares. This is a routine, compensation-related derivative exercise with no open-market buying or selling disclosed.

Insider Trade Summary

3,556 shares exercised/converted

Exercise 2 txns

Insider Baker Gail

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	3,556	$0.00	$0.00
Exercise	Common Stock	3,556	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Stock — 33,876 shares (Direct)

Footnotes (1)

1. F1. Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs vested on June 4, 2026.

Key Figures

RSUs exercised: 3,556 units Shares held after transaction: 33,876 shares Derivative exercises: 1 transaction; 3,556 shares +1 more

4 metrics

RSUs exercised 3,556 units Restricted stock units converted to common stock on June 4, 2026

Shares held after transaction 33,876 shares Direct Leonardo DRS common stock holdings following RSU conversion

Derivative exercises 1 transaction; 3,556 shares Exercise or conversion of derivative security reported in Form 4

Vesting date June 4, 2026 RSUs vested under 2022 Omnibus Equity Compensation Plan

Key Terms

Restricted Stock Unit, 2022 Omnibus Equity Compensation Plan, annual retainer fee

3 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan..."

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

"Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan..."

annual retainer fee financial

"as part of the equity component of the Reporting Person's annual retainer fee..."

FAQ

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

What insider transaction did Leonardo DRS (DRS) director Gail Baker report?

Director Gail Baker reported exercising 3,556 restricted stock units into Leonardo DRS common stock. The RSUs were granted as part of her annual retainer and vested on June 4, 2026, resulting in additional directly held shares.

How many Leonardo DRS (DRS) shares does Gail Baker hold after this Form 4?

After the June 4, 2026 transaction, Gail Baker holds 33,876 Leonardo DRS common shares directly. This increase reflects the conversion of 3,556 vested restricted stock units from her equity-based annual retainer compensation.

Was Gail Baker’s Leonardo DRS (DRS) Form 4 a buy or a sale?

The Form 4 shows an acquisition via derivative exercise, not an open-market buy or sale. Baker converted 3,556 restricted stock units into common stock as equity compensation, with no reported market purchases or disposals of shares.

What are the terms of the Leonardo DRS (DRS) restricted stock units in this filing?

Each restricted stock unit was granted under Leonardo DRS’s 2022 Omnibus Equity Compensation Plan as part of Gail Baker’s annual retainer. Each RSU represents a right to receive one common share or cash, and these RSUs vested on June 4, 2026.

How many restricted stock units did Gail Baker exercise in this Leonardo DRS (DRS) filing?

Gail Baker exercised 3,556 restricted stock units linked to Leonardo DRS common stock. These RSUs were part of her annual retainer under the 2022 Omnibus Equity Compensation Plan and fully vested on June 4, 2026, then converted into 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).

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^*

Baker Gail

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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	06/04/2026		M(1)		3,556	A	$0	33,876	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
Restricted Stock Unit	(1)	06/04/2026		M			3,556	(1)	(1)	Common Stock	3,556	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs vested on June 4, 2026.

Remarks:

	/s/ Oriana D. Pietrangelo, Attorney-in-Fact	06/05/2026
	** 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)