Jeffery Reuben III 4

What Happened

• Jeffery Reuben III, a director of Leonardo DRS, was granted 3,733 restricted stock units (RSUs) on May 14, 2026. The grant is recorded as an award/derivative (code A) with an acquisition price of $0 — meaning no cash was paid at grant.
• These RSUs represent a contingent right to receive one share of common stock per unit and will vest in full on May 14, 2027, subject to his continued service on the board.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-18 (filed within required period).
• Grant amount: 3,733 RSUs; reported acquisition price: $0 (derivative award).
• Vesting: All RSUs vest on 2027-05-14 if the director remains in service (granted under the 2022 Omnibus Equity Compensation Plan).
• Shares owned after the transaction: not specified in the filing.
• Transaction code: A = Award/Grant; derivative details: each RSU converts to one share upon vesting.
• No indication of a 10b5-1 plan, cashless exercise, tax withholding sale, or gift reported in this filing.

Context

• RSU grants are a form of compensation and do not represent an immediate purchase or sale of stock; they become shares only if and when they vest. Such awards are common for board compensation and should be viewed as compensation-linked, not a direct bullish or bearish trade signal.