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Leonardo DRS Inc

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 3, 2025

DRS$36.41+7.0%Stored close · as of Nov 9, 2026

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Contents

Item 9B. Other Information

Securities Trading Plans of Directors and Executive Officers

During the three months ended December 31, 2024, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted, modified orterminated a "Rule 10b5-1 trading arrangement" or a "non-Rule 10b5-1 trading arrangement" as such terms are defined under Item 408 of Regulation S-K, except as follows(1):

Name and titleDate of adoption of 10b5-1 Plan(2)Scheduled expiration date of 10b5-1 Plan(3)Aggregate number of shares of common stock to be purchased or sold(4)(5)
Eric C. Salzman, Director11/11/20247/31/2025Up to 6,954 shares
Sally Wallace, Executive Vice President Operations12/11/20246/30/2025Up to 12,354 shares

(1)Each trading arrangement listed is a “Rule 10b5-1 Trading Arrangement” and is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended.

(2)Transactions under each Rule 10b5-1 Plan commence no earlier than 90 days after adoption, or such later date as required by Rule 10b5-1.

(3)Each Rule 10b5-1 Plan may expire on such earlier date as all transactions are completed.

(4)Each Rule 10b5-1 Plan provides for shares to be sold on multiple predetermined dates.

(5)The actual number of shares under each Rule 10b5-1 Plan may be different than the aggregate number of shares listed based on tax withholdings and performance and vesting conditions of performance-based stock units and restricted stock units (as applicable).

Share Repurchase Program

On February 20, 2025, the Company announced that its Board of Directors approved a share repurchase program that allows the Company to purchase up to $75 million of its outstanding common stock through March 4, 2027, subject to market conditions. All repurchased shares are expected to be retired.

Payment of Dividends

Also on February 20, 2025, the Company announced that its Board of Directors approved a cash dividend of $.09 per share of common stock payable on March 27, 2025 to shareholders of record as of the close of business on March 13, 2025.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.