Baylouny John 4

What Happened John Baylouny, President, CEO and a Director of Leonardo DRS (DRS), sold 36,471 shares on June 18, 2026. The reported weighted-average price was $45.67 per share, for total proceeds of approximately $1,665,631. The transaction is reported as a sale (S) and was effected under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-06-18; Form 4 filed 2026-06-22 (filed within the normal 2-business-day window).
• Shares sold: 36,471; weighted-average price: $45.67; price range across multiple trades: $45.00–$46.94.
• Reported value: ~$1,665,631.
• Method: Reported as open-market or private sale and executed pursuant to a 10b5-1 plan adopted March 19, 2026 (footnote F1).
• Additional note (F2): the $45.67 figure is a weighted average; the filer can provide per-trade prices on request.
• Shares owned after the transaction: not provided in the summary data supplied.

Context This was a sale, which is often routine (especially when executed under a pre-established 10b5-1 plan) and does not by itself indicate the CEO’s view of the company’s prospects. Purchases tend to be more informative about insider optimism; sales can reflect diversification, tax planning, or pre-set schedules.