Jeffery Reuben III 4

What Happened

Jeffery Reuben III, a director of Leonardo DRS, acquired 25,000 shares on 2026-05-19. The Form 4 reports a purchase price of $42.77 per share, for a total transaction value of approximately $1,069,328. The filing is coded as a purchase (P), indicating an open-market or private purchase rather than a sale.

Key Details

• Transaction date and price: 2026-05-19 at $42.77 per share.
• Shares acquired: 25,000; total cost ≈ $1,069,328.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code: P (purchase). Filing does not reference a 10b5-1 plan, tax withholding, gift, or other footnotes.
• Timeliness: filing date matches the report date (2026-05-19); no late filing indicated.

Context

• Purchases by directors can be interpreted by some investors as a positive signal, but the Form 4 does not state a reason for the purchase.
• This transaction is a straightforward share purchase (not an option exercise, award, or gift).