Form 4: Leonardo DRS Director Gail Baker Reports Stock Transactions

Director Gail Baker reports the vesting and disposal of restricted stock units (RSUs) into common stock of Leonardo DRS on June 1, 2024.

Summary

• On June 1, 2024, Gail Baker, a director of Leonardo DRS, Inc., had 9,785 restricted stock units (RSUs) vest under the company's 2022 Omnibus Equity Compensation Plan.
• These RSUs converted into 9,785 shares of common stock.
• Following the vesting, Ms. Baker disposed of 9,785 shares of common stock.
• After the reported transactions, Ms. Baker beneficially owns 20,310 shares of Leonardo DRS common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director, and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the normal course of equity compensation for a director.

Key Dates