Wallace Sally's Form 4 filing
Leonardo DRS, Inc. (DRS) · filed Apr 3, 2026
- Accession no.
- 0001849652-26-000004
- Filed
- Apr 3, 2026
- Trade date
- Apr 1-2, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 11 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.34M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Wallace SallyCIK 0001849652 | Officer (EVP, Chief Operating Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2026 | Common Stock | AGrant or awardAcquired | +23,367 | $0.00 | $0 | 81,720 | Direct | |
| Apr 1, 2026 | Common Stock | FTax withholdingDisposed | −9,839 | $45.86 | −$451,216.54 | 71,881 | Direct | |
| Apr 1, 2026 | Common Stock | AGrant or awardAcquired | +15,664 | $0.00 | $0 | 87,545 | Direct | |
| Apr 1, 2026 | Common Stock | FTax withholdingDisposed | −7,684 | $45.86 | −$352,388.24 | 79,861 | Direct | |
| Apr 1, 2026 | Common Stock | MOption exerciseAcquired | +7,252 | $0.00 | $0 | 87,113 | Direct | |
| Apr 1, 2026 | Common Stock | FTax withholdingDisposed | −3,558 | $45.86 | −$163,169.88 | 83,555 | Direct | |
| Apr 1, 2026 | Common Stock | MOption exerciseAcquired | +4,337 | $0.00 | $0 | 87,892 | Direct | |
| Apr 1, 2026 | Common Stock | FTax withholdingDisposed | −2,128 | $45.86 | −$97,590.08 | 85,764 | Direct | |
| Apr 1, 2026 | Common Stock | MOption exerciseAcquired | +3,042 | $0.00 | $0 | 88,806 | Direct | |
| Apr 1, 2026 | Common Stock | FTax withholdingDisposed | −1,493 | $45.86 | −$68,468.98 | 87,313 | Direct | |
| Apr 2, 2026 | Common Stock | SSaleDisposed | −28,960 | $46.35F5 | −$1,342,296 | 58,353 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 1, 2026 | Common Stock | MOption exerciseDisposed | −7,252 | $0.00 | $0 | 0 | Direct | |
| Apr 1, 2026 | Common Stock | MOption exerciseDisposed | −4,337 | $0.00 | $0 | 4,337 | Direct | |
| Apr 1, 2026 | Common Stock | MOption exerciseDisposed | −3,042 | $0.00 | $0 | 6,085 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.205 - $46.98, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 24.1 - Power of Attorney