# EDGAR Filing Document

**Accession Number:** 0001833756
**File Stem:** 0001849658-26-000006
**Filing Date:** 2026-4
**Character Count:** 8941
**Document Hash:** a4605f19ea771b848ecf61f8d1044272
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001849658-26-000006.hdr.sgml**: 20260403

**ACCESSION NUMBER**: 0001849658-26-000006

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260401

**FILED AS OF DATE**: 20260403

**DATE AS OF CHANGE**: 20260403

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Dippold Michael
- **CENTRAL INDEX KEY:** 0001849658

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41565
- **FILM NUMBER:** 26838955

**MAIL ADDRESS:**
- **STREET 1:** C/O LEONARDO DRS, INC.
- **STREET 2:** 2345 CRYSTAL DRIVE, SUITE 1000
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22202
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Leonardo DRS, Inc.
- **CENTRAL INDEX KEY:** 0001833756
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 132632319
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2345 CRYSTAL DRIVE
- **STREET 2:** SUITE 1000
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22202
- **BUSINESS PHONE:** (703) 416-8000

**MAIL ADDRESS:**
- **STREET 1:** 2345 CRYSTAL DRIVE
- **STREET 2:** SUITE 1000
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22202

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[x] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Dippold Michael<br><sub>(Last) (First) (Middle)</sub><br>C/O LEONARDO DRS, INC.<br>2345 CRYSTAL DRIVE<br><sub>(Street)</sub><br>ARLINGTON, VA 22202<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-04-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP and CFO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Leonardo DRS, Inc. [ DRS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-04-01 |  | A |  | 33380<sup>(1)</sup> | A | $0 | 60002 | D |  |
| Common Stock | 2026-04-01 |  | F<sup>(2)</sup> |  | 13858 | D | $45.86 | 46144 | D |  |
| Common Stock | 2026-04-01 |  | A |  | 22378<sup>(3)</sup> | A | $0 | 68522 | D |  |
| Common Stock | 2026-04-01 |  | F<sup>(2)</sup> |  | 10093 | D | $45.86 | 58429 | D |  |
| Common Stock | 2026-04-01 |  | M |  | 10360 | A | $0 | 68789 | D |  |
| Common Stock | 2026-04-01 |  | F<sup>(2)</sup> |  | 4673 | D | $45.86 | 64116 | D |  |
| Common Stock | 2026-04-01 |  | M |  | 6815 | A | $0 | 70931 | D |  |
| Common Stock | 2026-04-01 |  | F<sup>(2)</sup> |  | 3074 | D | $45.86 | 67857 | D |  |
| Common Stock | 2026-04-01 |  | M |  | 5451 | A | $0 | 73308 | D |  |
| Common Stock | 2026-04-01 |  | F<sup>(2)</sup> |  | 2459 | D | $45.86 | 70849 | D |  |
| Common Stock | 2026-04-02 |  | S<sup>(4)</sup> |  | 7071 | D | $45.38 | 63778 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Unit | <sup>(5)</sup> | 2026-04-01 |  | M |  |  | 10360 | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 10360 | $0 | 0 | D |  |
| Restricted Stock Unit | <sup>(6)</sup> | 2026-04-01 |  | M |  |  | 6815 | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 6815 | $0 | 6816 | D |  |
| Restricted Stock Unit | <sup>(7)</sup> | 2026-04-01 |  | M |  |  | 5451 | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 5451 | $0 | 10902 | D |  |

---

### Footnotes:

(1) Represents performance restricted stock units ("PRSUs") awarded in April 2023 under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.

(2) Shares withheld by the Issuer to satisfy tax withholding requirements.

(3) Represents PRSUs awarded in April 2023 under the Plan for the performance period January 1, 2023 through December 31, 2025, for which performance goals have been achieved and certified on February 19, 2026. Each PRSU represents the right to one share of the Issuer's common stock. The PRSUs vested on April 1, 2026.

(4) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.

(5) Each restricted stock unit ("RSU") was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on each of April 1, 2024 and April 1, 2025. The remaining one-third of RSUs vested on April 1, 2026.

(6) Each RSU was granted under the Plan and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on each of April 1, 2025 and April 1, 2026. The remaining one-third of RSUs are scheduled to vest on April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through such date.

(7) Each RSU was granted under the Plan, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on April 1, 2026. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2027 and April 1, 2028, subject to the Reporting Person's continued employment with the Issuer through each date.

**Signature:** /s/ Oriana D. Pietrangelo, Attorney-in-Fact  
**Date:** 2026-04-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**