Jeffery Reuben III 4

What Happened

• Jeffery Reuben III, a director of Leonardo DRS, received a grant of 649 restricted stock units (RSUs) on April 1, 2026. The RSUs were recorded as acquired at $0.00 (typical for compensation awards) and are derivative awards that represent a contingent right to receive one share of common stock per RSU upon vesting. The award was made under the Issuer’s 2022 Omnibus Equity Compensation Plan and will vest in full on June 4, 2026, subject to Mr. Reuben’s continued service on the board through that date.

Key Details

• Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-03).
• Security and amount: 649 RSUs; acquisition code A (award/grant); reported acquisition price $0.00.
• Vesting: RSUs vest in full on June 4, 2026, subject to continued board service (see footnote).
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — grant made under 2022 Omnibus Equity Compensation Plan and subject to service vesting condition.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed April 3, 2026; no indication in the provided data that this was a late filing.

Context

• RSU grants to directors are common compensation and are not an immediate purchase of stock; value is realized only if/when the RSUs vest and convert to shares. Because vesting here depends on continued service through June 4, 2026, these units do not immediately increase voting shares outstanding. For investors, awards signal routine compensation alignment rather than a direct insider market buy or sell.