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: Lynn William III (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-01	Common Stock	M	46361	—	Acquired	374765	Direct
2025-04-01	Common Stock	F	23227	$32.87	Disposed	351538	Direct
2025-04-01	Common Stock	M	31753	—	Acquired	383291	Direct
2025-04-01	Common Stock	F	15909	$32.87	Disposed	367382	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-04-01	Restricted Stock Unit	$	M	46361	Disposed		Common Stock (46361)	Direct
2025-04-01	Restricted Stock Unit	$	M	31753	Disposed		Common Stock (31753)	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. The number of RSUs that vested on April 1, 2025 and that will vest on April 1, 2026 shall be rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on April 1, 2027.