Form 4 for DRS Leonardo DRS, Inc.
Accepted 2025-03-19 00:00:00 ET · period of report 2025-03-17 · accession 0001127602-25-009986 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-19 | 2025-03-17 | DRS | Wallace Sally | EVP, Business Ops | F - Tax | $33.13 | -22.7K | 63.5K | -26% | -$751.8K |
| D | 2025-03-19 | 2025-03-18 | DRS | Wallace Sally | EVP, Business Ops | S - Sale+OE | $32.84 | -8,353 | 55.2K | -13% | -$274.3K |
| DM | 2025-03-19 | 2025-03-17 | DRS | Wallace Sally | EVP, Business Ops | M - OptEx | $0.00 | +56.1K | 68.1K | +468% | $0 |
| DM | 2025-03-19 | 2025-03-17 | DRS | Wallace Sally | EVP, Business Ops | M - OptEx | $0.00 | -56.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-17 | F | D | 10,029 | $33.13 | 58,624 | D | — | — | |
| 2 | Common | Common Stock | 2025-03-18 | S | D | 8,353 | $32.84 | 55,160 | D | — | — | |
| 3 | Common | Common Stock | 2025-03-17 | M | A | 22,696 | $0.00 | 68,653 | D | — | — | |
| 4 | Common | Common Stock | 2025-03-17 | M | A | 23,949 | $0.00 | 54,051 | D | — | — | |
| 5 | Common | Common Stock | 2025-03-17 | M | A | 9,457 | $0.00 | 68,081 | D | — | — | |
| 6 | Common | Common Stock | 2025-03-17 | F | D | 8,094 | $33.13 | 45,957 | D | — | — | |
| 7 | Common | Common Stock | 2025-03-17 | F | D | 4,568 | $33.13 | 63,513 | D | — | — | |
| 8 | Derivative | Performance Restricted Stock Unit | 2025-03-17 | M | D | 23,949 | $0.00 | 0 | D | — · — to — | 23,949 Common Stock | (F1) Each performance restricted stock unit ("PRSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The PRSUs were granted to the Reporting Person in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger, dated June 21, 2022, by and among Leonardo DRS, Inc., RADA Electronic Industries Limited and Blackstart Ltd (the "Merger"). The PRSUs vested on March 17, 2025. |
| 9 | Derivative | Performance Restricted Stock Unit | 2025-03-17 | M | D | 22,696 | $0.00 | 0 | D | — · — to — | 22,696 Common Stock | (F1) Each performance restricted stock unit ("PRSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The PRSUs were granted to the Reporting Person in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger, dated June 21, 2022, by and among Leonardo DRS, Inc., RADA Electronic Industries Limited and Blackstart Ltd (the "Merger"). The PRSUs vested on March 17, 2025. |
| 10 | Derivative | Restricted Stock Unit | 2025-03-17 | M | D | 9,457 | $0.00 | 0 | D | — · — to — | 9,457 Common Stock | (F3) 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. The final third of the RSUs vested on March 17, 2025. |