Eric Salzman - Feb 11, 2025 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role
Director
Signature
/s/ Katherine A. Krebel, Attorney-in-Fact
Stock symbol
DRS
Transactions as of
Feb 11, 2025
Transactions value $
-$120,269
Form type
4
Date filed
2/12/2025, 04:52 PM
Previous filing
Jun 4, 2024
Next filing
Feb 13, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRS Common Stock Sale -$120K -3.48K -20.77% $34.59 13.3K Feb 11, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2024.