Form 4: Leonardo DRS Director Gail Baker Reports Stock Transactions
SEC Form 4 Filing
Gail Baker, a director at Leonardo DRS, reported the vesting and disposal of restricted stock units on May 15, 2025.
Summary
- On May 15, 2025, Gail Baker, a director of Leonardo DRS, reported transactions involving the company's stock.
- Specifically, 6,438 restricted stock units (RSUs) vested and were subsequently disposed of.
- These RSUs were granted under the 2022 Omnibus Equity Compensation Plan as part of the director's annual retainer fee.
- Each RSU represents the right to receive one share of Leonardo DRS common stock or its cash equivalent.
- Following the reported transactions, Ms. Baker directly owns 30,320 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disclosure of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 2022 | The Issuer's 2022 Omnibus Equity Compensation Plan was established. |
| 05/15/2025 | Restricted stock units vested and were disposed of. |
| 05/16/2025 | Date of the report filing. |
Keywords
Leonardo DRS, Gail Baker, Director, Stock Transaction, Restricted Stock Units, RSU, Form 4, Beneficial Ownership
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