Leonardo DRS, Inc. — Director's Dealing 2025

Apr 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Leonardo DRS, Inc. (DRS)
CIK: 0001833756
Period of Report: 2025-04-01

Reporting Person: Wallace Sally (EVP, Business Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-01	Common Stock	M	7252	—	Acquired	62412	Direct
2025-04-01	Common Stock	F	3503	$32.87	Disposed	58909	Direct
2025-04-01	Common Stock	M	4337	—	Acquired	63246	Direct
2025-04-01	Common Stock	F	2095	$32.87	Disposed	61151	Direct
2025-04-02	Common Stock	S	1498	$31.82	Disposed	59653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-04-01	Restricted Stock Unit	$	M	7252	Disposed		Common Stock (7252)	Direct
2025-04-01	Restricted Stock Unit	$	M	4337	Disposed		Common Stock (4337)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan (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 RSU's vested on each of April 1, 2024 and April 1, 2025. The remaining RSUs are scheduled to vest one-third on April 1, 2026, subject to the Reporting Person's continued employment with the Issuer through each date.

F2: Shares withheld by the Company to satisfy tax withholding requirements.

F3: 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, 2025. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2026, and April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through each date.

F4: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 11, 2024.