GALLAGHER MARY E 4

What Happened
Mary E. Gallagher, a director of Leonardo DRS, was granted 3,733 restricted stock units (RSUs) on May 14, 2026. The grant is reported as an acquisition (derivative) at $0.00 per share (total $0 immediate cash value). The RSUs represent a contingent right to receive one share per RSU upon vesting.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026. (Form 4s are normally due within two business days; this filing was four days after the grant.)
• Award: 3,733 RSUs granted at $0.00 (derivative award).
• Vesting: RSUs vest in full on May 14, 2027, subject to Ms. Gallagher’s continued service on the Board (granted under the 2022 Omnibus Equity Compensation Plan).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: F1 confirms each RSU converts to one share upon vesting; F2 describes grant date and vesting condition.
• Exhibit included: 24.1 Power of Attorney.

Context
RSUs are compensation awards that convert to common stock only if vesting conditions are met; they do not require an immediate cash outlay and are not an open-market purchase or sale. Because this is a standard board compensation grant, it’s a routine corporate award rather than a direct buy/sell signal; investors should monitor vesting and any subsequent filings when the RSUs convert to shares.