Leonardo DRS, Inc. 8-K

What Happened Leonardo DRS, Inc. (DRS) filed a Form 8‑K on May 14, 2026 reporting results from its 2026 Annual Meeting of Stockholders. All director nominees were elected. Vote highlights include Frances F. Townsend (249,645,446 shares for; 650,014 withheld) and Kenneth J. Krieg, who received the largest withheld total (2,989,132 withheld; 247,306,328 for). An advisory "say‑on‑pay" vote on the company’s named executive officers was approved (249,961,000 for; 246,614 against; 87,846 abstentions). The stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for fiscal 2026 (255,915,526 for; 57,972 against; 32,759 abstentions). The report was signed by Mark A. Dorfman, Executive VP, General Counsel and Secretary.

Key Details

• Annual Meeting held May 14, 2026; results reported on Form 8‑K (Item 5.07).
• Director votes: all nominees elected; typical "for" votes ~249.6M–250.2M shares; broker non‑votes = 5,710,797 for director and say‑on‑pay items.
• Say‑on‑pay (advisory) result: 249,961,000 for vs. 246,614 against; 87,846 abstentions.
• Auditor ratification: Ernst & Young LLP ratified with 255,915,526 for; broker non‑votes = 0 on this item.

Why It Matters These results confirm board continuity and investor support for management’s pay practices and auditor choice. The advisory compensation vote passed by a large margin, indicating general shareholder approval (though a small number of votes opposed). Ratification of Ernst & Young maintains audit continuity for fiscal 2026. Broker non‑votes on director and say‑on‑pay items (5.71M shares) reflect shares held by brokers that did not vote on those matters and can affect the voting percentages for contested or routine matters.