SALZMAN ERIC 4

What Happened
Eric Salzman, a member of the Board of Directors of Leonardo DRS, Inc. (DRS), was granted 3,733 restricted stock units (RSUs) on May 14, 2026. The grant is reported as a derivative acquisition at $0.00 (typical for awards); the filing shows no immediate cash exchanged. Each RSU represents a contingent right to one share and the RSUs will vest in full on May 14, 2027, subject to Salzman’s continued service on the board.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (within the two-business-day filing requirement).
• Transaction type/code: Grant / Award (A); derivative (RSUs).
• Amount: 3,733 RSUs; reported acquisition price $0.00 (no immediate reported market value).
• Vesting: All RSUs vest in full on May 14, 2027, contingent on continued board service (granted under the 2022 Omnibus Equity Compensation Plan).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 confirms each RSU equals a contingent right to one common share; F2 describes the grant date, plan and vesting condition.
• Remarks: Exhibit 24.1 (Power of Attorney) attached.

Context
RSUs are a form of equity compensation that convert into actual shares only when they vest; this grant does not involve an immediate share purchase or sale. Such director awards are common as compensation and do not, by themselves, indicate near-term buying or selling intentions. The reported $0 acquisition price reflects that this is a grant rather than a market transaction; realized value will depend on the company’s stock price at vesting.