Form 4: Leonardo DRS Director Louis R. Brothers Jr. Reports Stock Transaction
SEC Form 4 Filing
Director Louis R. Brothers Jr. reports the vesting and conversion of restricted stock units into common stock of Leonardo DRS, Inc.
Summary
- On May 15, 2025, Louis R. Brothers Jr., a director of Leonardo DRS, Inc., had 6,438 restricted stock units (RSUs) vest and convert into common stock.
- These RSUs were granted under the company's 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 transaction, Brothers directly owns 20,760 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a stock transaction, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: vesting and conversion of restricted stock units. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Leonardo DRS, Director, Stock Transaction, Form 4, Restricted Stock Units, Equity Compensation, Beneficial Ownership
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