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LEONARDO DRS, INC. (DRS)

Morrow Pamela 🟡 adjusted position in 7.9K shares (3 derivative) of Leonardo DRS, Inc. (DRS) at $45.86 Transaction Date: Apr 01, 2026 | Filing ID: 000004

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  • News bot April 3, 2026, 9:23 p.m.

    🔍 Morrow Pamela (Executive)

    Company: Leonardo DRS, Inc. (DRS)

    Report Date: 2026-04-01

    Transaction Summary:

    • Total transactions: 13
    • Derivative instruments: 3
    • Holdings reported: 0
    • Total shares acquired: 25,082
    • Total shares sold: 17,137

    Detailed Transactions and Holdings:

    • Acquired 10,432 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: A | equity_swap_involved: 0 | shares_owned_after: 16,926.00 | transaction_form_type: 4 | Footnotes: F1
    • Sold 3,339 shares of Common Stock at $45.86 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 13,587.00 | transaction_form_type: 4 | Footnotes: F2
    • Acquired 6,993 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: A | equity_swap_involved: 0 | shares_owned_after: 20,580.00 | transaction_form_type: 4 | Footnotes: F3
    • Sold 2,541 shares of Common Stock at $45.86 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 18,039.00 | transaction_form_type: 4 | Footnotes: F2
    • Acquired 3,239 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | shares_owned_after: 21,278.00 | transaction_form_type: 4
    • Sold 1,523 shares of Common Stock at $45.86 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 19,755.00 | transaction_form_type: 4 | Footnotes: F2
    • Acquired 2,517 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | shares_owned_after: 22,272.00 | transaction_form_type: 4
    • Sold 1,183 shares of Common Stock at $45.86 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 21,089.00 | transaction_form_type: 4 | Footnotes: F2
    • Acquired 1,901 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | shares_owned_after: 22,990.00 | transaction_form_type: 4
    • Sold 894 shares of Common Stock at $45.86 per share (Direct)
      Date: 2026-04-01 | Code: F | equity_swap_involved: 0 | shares_owned_after: 22,096.00 | transaction_form_type: 4 | Footnotes: F2
    • Sold 3,239 shares of Restricted Stock Unit (Derivative)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F4, F4, F4, F5
    • Sold 2,517 shares of Restricted Stock Unit (Derivative)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | shares_owned_after: 2,517.00 | transaction_form_type: 4 | Footnotes: F6, F6, F6, F7
    • Sold 1,901 shares of Restricted Stock Unit (Derivative)
      Date: 2026-04-01 | Code: M | equity_swap_involved: 0 | shares_owned_after: 3,804.00 | transaction_form_type: 4 | Footnotes: F8, F8, F8

    Footnotes:

    • F1: Represents performance restricted stock units ("PRSUs") awarded in April 2023 under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.
    • F2: Shares withheld by the Issuer to satisfy tax withholding requirements.
    • F3: Represents PRSUs awarded in April 2023 under the Plan for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.
    • F4: Each restricted stock unit ("RSU") was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSU's vested on each of April 1, 2024 and April 1, 2025. The remaining RSUs vested one-third on April 1, 2026.
    • F5: The Reporting Person's Form 4 filed on April 3, 2025, incorrectly overstated the total number of derivative securities remaining after the vesting of RSUs was 10,790 on April 1, 2025, this number should have stated 3,237. This was a result of an inadvertent administrative error.
    • F6: Each RSU was granted under the Plan and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on each of April 1, 2025 and April 1, 2026. The remaining one-third of RSUs are scheduled to vest on April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through such date.
    • F7: The Reporting Person's Form 4 filed on April 3, 2025, incorrectly overstated the total number of derivative securities remaining after the vesting of RSUs was 8,273 on April 1, 2025, this number should have stated 5,034. This was a result of an inadvertent administrative error.
    • F8: Each RSU was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on April 1, 2026. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2027 and April 1, 2028, 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, 2026 and April 1, 2027 shall be rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on April 1, 2028.

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