Form 4: Gail Baker Granted Leonardo DRS Equity Units
Statement of Changes in Beneficial Ownership
Leonardo DRS, Inc. reports the grant of restricted stock units to Director Gail Baker, vesting in May 2027.
Summary
- Gail Baker, a Director at Leonardo DRS, Inc., was granted 3,733 Restricted Stock Units (RSUs) on May 14, 2026.
- These RSUs are part of the Issuer's 2022 Omnibus Equity Compensation Plan.
- The RSUs will fully vest on May 14, 2027, provided Ms. Baker continues her service as a Board member through that date.
- This filing is a Form 4, indicating a statement of changes in beneficial ownership.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it pertains to a standard equity grant for a director and does not contain operational or financial performance updates.
Positives
- Grant of equity to a Director, indicating continued investment and incentive for leadership.
- The equity grant is tied to continued service, aligning management's interests with the company's long-term performance.
Risks
- Vesting is contingent on continued service, meaning Ms. Baker could forfeit the RSUs if she leaves the board before May 14, 2027.
- The value of the RSUs is subject to the future performance of Leonardo DRS, Inc. stock.
Future Outlook
The RSUs granted to Gail Baker will vest on May 14, 2027, subject to her continued service as a Director.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard practice in the aerospace and defense industry to incentivize long-term commitment and align executive interests with shareholder value. This grant to a Director at Leonardo DRS, Inc. follows this industry norm.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Gail Baker appointed Oriana Pietrangelo and Katherine Krebel as attorneys-in-fact to prepare, sign, and submit SEC filings, including Forms 3, 4, 5, Schedules 13D/13G, and Forms 144 on her behalf. | February 20, 2026 | Ensures compliance with SEC filing requirements by delegating administrative and filing tasks to authorized representatives. |
Stakeholder Impact
- Shareholders: The grant aligns director incentives with long-term company performance, potentially benefiting shareholders through continued dedicated leadership.
- Employees: The filing itself has minimal direct impact on employees, but the underlying equity plan is part of the company's overall compensation strategy.
- Management: Reinforces the importance of continued service for equity realization.
Next Steps
- Gail Baker to continue service as a Director through May 14, 2027, to receive the vested shares.
- Leonardo DRS, Inc. to continue its operations under the 2022 Omnibus Equity Compensation Plan.
Key Dates
| Date | Description |
|---|---|
| 02/20/2026 | Date of execution for the Power of Attorney document. |
| 05/14/2026 | Date of grant for the Restricted Stock Units (RSUs) and earliest transaction date reported. |
| 05/14/2027 | Full vesting date for the granted RSUs, contingent on continued service. |
| 05/18/2026 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Leonardo DRS, Gail Baker, Restricted Stock Units, RSU, Director, Equity Compensation, Beneficial Ownership, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.