Brothers Louis R Jr 4
4 · Leonardo DRS, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Leonardo DRS (DRS) Director Louis R. Brothers Jr Receives RSU Award
What Happened
Louis R. Brothers Jr, a member of the Board of Directors of Leonardo DRS (DRS), received a grant of 3,733 restricted stock units (RSUs) on May 14, 2026. The RSUs are reported as a derivative award (transaction code A) with a grant price of $0.00 because they represent a contingent right to receive common shares in the future rather than an immediate cash purchase.
Key Details
- Transaction date: May 14, 2026 (Form filed May 18, 2026).
- Transaction type/code: Grant of RSUs (A). Grant price reported as $0.00.
- Shares/units granted: 3,733 RSUs. Each RSU equals a contingent right to one share (Footnote F1).
- Vesting: RSUs vest in full on May 14, 2027, subject to continued service on the Board (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form 4 was filed on May 18, 2026 (covers the May 14, 2026 grant); filing date coincides with the typical two-business-day reporting window.
- Remarks: Exhibit 24.1 — Power of Attorney referenced.
Context
RSU grants are compensation awards and do not involve an immediate cash outlay or open-market purchase; they become shares only if/when they vest and are settled. Such director awards are common as long-term incentive compensation and should be viewed as compensation, not a direct market purchase signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-05-14+3,733→ 3,733 total→ Common Stock (3,733 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the common stock of the Issuer.
- [F2]The RSUs were granted on May 14, 2026, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest in full on May 14, 2027, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.