Leonardo DRS, Inc.
For the period ended Jun 30, 2025. Filed Jul 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 30, 2025
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ITEM 5. Other Information
Securities Trading Plans of Directors and Executive Officers
The following table includes the material terms (other than with respect to the price) of each Rule 10b5-1 Plan adopted orterminated by our executive officers and directors during the quarter ended June 30, 2025(1):
| Name and title | Date 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 Salzman, Director | 6/2/2025 | 12/31/2025 | Up to 4,403 shares |
| John Baylouny, Executive Vice President, Chief Operating Officer | 5/13/2025 | 12/31/2025 | Up to 67,747 shares |
| Michael Dippold, Executive Vice President, Chief Financial Officer | 6/13/2025 | 4/30/2026 | Up to 58,643 shares |
| Mark Dorfman, Executive Vice President, General Counsel & Secretary | 6/13/2025 | 4/30/2026 | Up to 38,994 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).
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